Many Americans Still Without Wills

Any number of news stories about celebrity estates highlight just how much confusion can be generated when you skip estate planning. The woes of skipping a will, however, are not only reserved for the rich and famous. Skipping a will can cause problems for your beneficiaries by making things more difficult than necessary. It’s worth the appointment with your estate planning attorney. According to a recent survey shared by Google, two-thirds of adults in the U.S. don’t have a will at all. A further nine percent have an out-of-date will. Having a will with old information can be just as frustrating for your loved ones, as it could mean that your old intentions are carried out instead and that you spark arguments between family members. 

The survey also discovered good news as far as a person’s age and his or her likelihood to have a will. Sadly, however, individuals between the ages of 18 and 24 mostly did not have a will: more than 80 percent of respondents in that age range did not have plans for their belongings if something were to happen to them. It’s a myth to believe that you don’t need a will if you’re younger or have a modest-sized estate. Meeting with an estate planning attorney to discuss your goals and articulate your plans is something you should begin early on.