Today it seems that more estate planning lawyers are helping people of a younger generation plan ahead by creating everything from a comprehensive plan to simply securing a power of attorney. But why?
While it’s true that many people still overlook the importance of creating an estate plan until they realize they need it or someone they have a personal connection to passes away without one, younger people today are increasingly thinking about how they can protect their interests and futures with an estate plan.
The reasons for this trend include: more people are coming into their own money through business who want to protect those assets; impacts from COVID where we were shown how uncertain our health can be; and many who are inheriting funds from generations who passed during the pandemic. In fact, one of the most significant transfers of wealth in American history is currently taking place, and will continue through the next few decades, leaving many young people with inheritances to protect.
All these reasons are prompting a younger generation to consider what they want to do with their money, and how they want to protect their interests, in the future.
If you’re considering planning ahead to protect your interests, those of your loved ones, or a new inheritance, our office is here to help. An experienced attorney from LA Elder Law is happy to speak with you about your unique situation and advise you on the options that are best for you and your loved one. You can contact us directly by calling 310-823-3943 to schedule a free consultation about your unique needs. We look forward to working with you.
Contact a Los Angeles Estate Planning Attorney
If you’re considering planning ahead to protect your interests, those of your loved ones, or a new inheritance, our office is here to help. An experienced attorney from LA Elder Law is happy to speak with you about your unique situation and advise you on the options that are best for you and your loved one. You can contact us directly by calling 310-823-3943 to schedule a free consultation about your unique needs. We look forward to working with you.