I 💜 Millennials!
One of January’s highlights is reading Caring.com‘s estate planning survey results for the prior year.
And the headline says it all:
For the First Time, Caring.com’s Wills Survey Finds that Younger Adults Are More Likely to Have a Will than Middle-Aged Adults
Young people (18 to 34) with wills or some type of estate planning document have increased 63% since 2020.
18 to 34 year-olds are now 16% more likely to have wills than people in the 35 to 54 age group.
Young people cited the pandemic as a motivating factor to create their will.
Despite the positive news about Millennials, Gen X, Gen Jones, and Boomers are now less likely to have a will than in 2019.
Read this study to create an excellent opportunity to discuss planning with family and friends who will count on you for support in their time of need. Encouraging those closest to you to get their basic estate planning documents in order will save you time, energy, and heartache in the future.
And, remember, the estate planning documents are the easy part of contingency planning!