If you’re in your twenties or thirties, you may think that you have no need for an estate plan. This misconception is especially common among people who don’t have significant assets like a home. The truth is, there are many aspects of estate planning that you should consider before the age of 40, even if you don’t have children.

If you think you’re too young for an estate plan, you should know that estate plans aren’t only used for determining who gets your assets.

“These documents are not just for old people,” states financial planner Lauren Locker in Kiplinger. “They are critical to your life planning and well-being.”

Read this and more in this issue of Avidia Monthly!

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