Contrary to popular belief, estate planning is not reserved for older individuals or those with considerable assets and properties. The younger generation needs to begin their process at a young age. Our estate planning lawyers in McAllen recognize the value of information when drafting your will. Here are some compelling reasons why your estate planning process should be a priority, regardless of age.
Protect Your Family’s Future with Estate Planning in McAllen
Even if you’re young, some people may depend on you financially or emotionally. When you write a will, you get to designate who will inherit your assets. Plus, by clarifying your intentions, you get to protect your loved ones even when you’re no longer here to provide for them.
Prioritize Your Digital Assets
Younger generations are significantly online and:
- Interacting on social media accounts
- Exploring the cryptocurrency landscape
- Amassing digital assets daily
Even if your digital assets hold no financial value, estate planning can include provisions for management and distribution, preventing potential complications and disputes.
Your Healthcare Decisions
Say you get to an unfortunate point where you cannot make important healthcare decisions. A living will allows a trusted person you designate to make medical decisions on your behalf. This part of the estate planning process ensures your wishes regarding medical treatment are respected.
Avoid Family Disputes
If you fail to create a will, your family may become plagued by disputes over the distribution of your assets. These fights can lead to fallouts, emotional strains, and even lengthy legal battles. You can avoid these common and damaging conflicts by having a clear and valid will.
Learn More About Drafting a Will – McAllen Style
- Young Employees Need an Estate Plan
- Estate Planning for People in their 20s
- 3 Reasons Young Families Should Create an Estate Plan
- 3 Factors to Consider Before Meeting with an Estate Plan Lawyer in McAllen
Let us Join You on Your Estate Planning Journey
At Fryer and Hansen, we understand that estate planning is something other than what you had in mind. Nonetheless, our estate planning lawyers in McAllen are here to guide you once you’re ready to begin your process. They’ll provide guidance and support as you make the decisions meant to protect you and your loved ones as you continue your journey through life. Contact us today in McAllen to learn more about our services.