“Millennials often believe that estate planning isn’t necessary—at least, not at this stage of life. Some of the most common reasons include:

  • Thinking it’s too early to worry about estate planning, since they have many years ahead
  • Assuming that estate planning isn’t important for people who don’t yet have children
  • Believing they don’t have enough assets to worry about estate planning

While these assumptions may seem valid at a glance, there are many reasons that young adults without children should take estate planning seriously.”

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Source Credit:  http://www.upchurchlaw.com/millennials-need-estate-planning-too/

 


Estate Planning Practice

Estate planning is concerned with the use, conservation and disposition of a person’s property and wealth. The Marsalese Law Group offers expert advice in the areas of estate planning and trust administration. Our estate planning experience is sought by closely held businesses, families and individuals. Entrepreneurs frequently retain our services to coordinate personal, business and estate planning and deal with financial issues in ways that benefit both the family and the business.

The Marsalese Law Group has an active and sophisticated trusts and estates expertise in the handling of all types of estate planning matters, with emphasis on last wills and testaments, revocable and irrevocable trusts, life insurance trusts, special needs trusts, qualified personal residence trusts, family limited partnerships, durable powers of attorney, advance medical directives, and other related estate planning documents.

The Marsalese Law Group also advises clients on other common planning matters include lifetime gift programs, charitable split interest trusts, off-shore trusts, private foundations, grantor retained annuity trusts, generation-skipping transfer tax planning, and life insurance planning, including irrevocable life insurance trusts and split dollar arrangements.

For more on Estate Planning by Marsalese Law Group, click HERE

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