Planning for the future is always a smart decision, regardless of your age, financial income, marital status or career. You have probably heard about estate planning, helped a family member or friend, or possibly had to deal with the aftermath of the loss of a loved one who didn’t have any plans. Estate planning has been around for ages, however as times change, so does the way that individuals perceive what’s important.
The Biggest Changes.
In a recent poll by Trust and Will, over 10,000 respondents unveiled some surprising new trends when it comes to preparing for the future. Here are a few of the responses:
- “Nearly 1 in 4 Millennials and Gen Z respondents prefer trusted friends or professionals over relatives” as their executor, trustee, and guardian.
- 20% of Americans already trust AI-generated legal advice more than human attorneys, and 34% trust it the same.
- Almost 20% of Americans believe they won’t leave anything important behind when they die
- 62% of Americans believe pets should be treated with the same level of importance as humans in estate plans
- 84% of Americans know the importance of estate planning, but only 31% have a will.
What Hasn’t Changed in Estate Planning.
Many individuals are also relying on AI and the internet for estate planning advice, not all of which is legally accurate. So, what does this mean for you? Ultimately, you are in control of how you live before you die and making decisions for the rest of your life. However, one thing remains the same. Whatever decisions you make, whatever is important to you, and whoever you choose to help you along the way must be properly recorded as well as your wishes. Just “saying” what you want to friends and family is not enough. Ensuring that your wishes are documented, thought out and legally sound will allow you to rest assured that no matter what information was communicated, it’s accurate and legally binding.
Your Next Steps.
The Guardian’s Gift has taken all of the legal documents you will need to plan for the future as well as a guide of well-prompted and thought-out questions that you probably haven’t considered. This comprehensive legacy estate plan will allow you to work at your own pace and complete your entire end of life plan, including how you want to live until you die. Once completed you can rest easy knowing that regardless of how times, topics, and trends have changed, you and your family are fully covered and prepared for the future.
Contact us today for more information or visit our courses page to learn more about your options. As the old saying goes, “the more things change, the more they stay the same”. Don’t allow new trends to scare you into missing out on planning for your future and recording your legacy.