Estate Planning for Young Families: Why It Matters
Even young families need estate planning. Learn why and how to get started.
Many young families think estate planning is only for older people. But having young children makes it essential.
Protecting Your Children
Without a will, the state decides who raises your children if both parents die. A will lets you choose.
Naming Guardians
Designate who will care for your children and manage their finances if you can't.
Life Insurance
Life insurance provides financial security for your family if you die unexpectedly.
Beneficiary Designations
Make sure your beneficiary designations on insurance and retirement accounts are current.
Simple Wills
Young families often need simple wills, not complex estate plans. Start with the basics.
Review and Update
Review your estate plan as your family grows and circumstances change.
Professional Help
Consider consulting an estate planning attorney to ensure your plan is legally sound.
Use the End of Life Playbook to start your estate planning today.