Millennials may be young, but they can also have families and assets to protect. In Siedentopf Law’s latest video, Atlanta estate planning and probate attorney Sarah Siedentopf talks about whether millennials need wills.
For more on this topic, you can read our blog Estate Planning for Millennials.
Hi, I’m estate planning and probate attorney Sarah Siedentopf. Do millennials need wills?
If you listen to the media and more or less “everyone,” you think of millennials as very young because everyone complains about us, and yes, I’m a millennial. All you hear about are the bad things that millennials are doing and they make you think that millennials are very, very young. Silly, young millennials.
The truth is, we are not as young as we used to be and older millennials can be in their mid-30’s. So it is time for estate planning whether you have a, you know, traditional family and children or if you just have a significant other. Particularly sometimes when you have a significant other that you would want to be in charge of your health care or be in charge of your financial power of attorney or receive something in your will.
Sometimes we have situations where one partner owns a house, passes away, and there was no will. So, lo and behold that house is going to the partners family and leaving the other partner without a place to live. So, millennials are in fact old enough to do estate planning and should take care of themselves in that way.
If you’ve got any questions about millennial estate planning, please let me know. Thanks.
https://www.youtube.com/watch?v=V2ml-I8__4E&feature=youtu.beFor more on this topic, you can read our blog Estate Planning for Millennials.
TRANSCRIPT
Hi, I’m estate planning and probate attorney Sarah Siedentopf. Do millennials need wills? If you listen to the media and more or less “everyone,” you think of millennials as very young because everyone complains about us, and yes, I’m a millennial. All you hear about are the bad things that millennials are doing and they make you think that millennials are very, very young. Silly, young millennials. The truth is, we are not as young as we used to be and older millennials can be in their mid-30’s. So it is time for estate planning whether you have a, you know, traditional family and children or if you just have a significant other. Particularly sometimes when you have a significant other that you would want to be in charge of your health care or be in charge of your financial power of attorney or receive something in your will. Sometimes we have situations where one partner owns a house, passes away, and there was no will. So, lo and behold that house is going to the partners family and leaving the other partner without a place to live. So, millennials are in fact old enough to do estate planning and should take care of themselves in that way. If you’ve got any questions about millennial estate planning, please let me know. Thanks.
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