When you look at the statistics with regard to estate planning preparedness, you find that less than half of the adults who are under the age of 50 have an estate plan in place. In fact, statistics show that the younger you are, the less likely it is that you will have executed the appropriate estate planning documents.
This may seem like no cause for concern. Young adults are not going to worry about passing away because death only takes place among the old, right?
Apparently this is the logic, but reality dictates that people of all ages pass away, and there are young adults who become incapacitated on a daily basis as well.
The thing that is unacceptable about taking your chances without an estate plan as a young adult is that many young adults have children. When you have dependent children in the home, intelligent estate planning is absolutely essential.
Your children are relying on you for their well-being, and you could be leaving a devastating situation behind if you were to pass away unexpectedly without making any contingency plans in advance.
Procrastination is not an option when you are the parent of a young child. If you are among the many who are currently unprepared, right now would be a good time to take action to arrange for an informative consultation with a licensed and experienced San Jose CA estate planning lawyer.