Why Young Employees Need an Estate Plan in McAllen

Estate planning is not just for the elderly. For the most part, people of all backgrounds can create an estate plan in McAllen. Especially if you are just entering the workforce. Young professionals may not think they need an estate plan. They may also believe they don’t have valuable possessions. Additionally, they may think they don’t have people to inherit their possessions. These are simply not true.

Our McAllen attorneys are here to share a few ways young professionals can benefit from creating an estate plan young. 

Digital Assets

Today, young people are much more well-versed in digital property than their older counterparts. Estate planning helps determine the fate of your social media, blogs, files, and digital currency after death or incapacity. It allows you to make decisions regarding the management of these assets when you are no longer able to handle them.

Healthcare Directives

Health is a priority, no matter what age you are. Unfortunately, factors that affect our health know no age. When you begin to plan your estate, you have the option to include healthcare directives. These directives will outline your medical preferences and allow you to select healthcare agents. These agents will act on your behalf in situations where you are unable to make decisions for yourself.

Your Children

If you have young kids who rely on you, choose guardians to take care of them if something happens to you.By creating an estate plan, you can choose the people you trust with your children’s lives instead of leaving it up to the courts to decide. 

Estate Plan in McAllen

We get it – taking on the estate planning process at such a young age is probably not something you ever imagined doing. It may be something you have no idea how to navigate. That’s okay!

Our attorneys in McAllen Texas at Fryer and Hansen are available to guide you through the process and help you make the decisions that best fit your family’s needs. Get in touch with us today and share why you want to create one.

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