869 - Do your adult children have a Will?

As our children grow up and prepare for college, we often overlook the significance of estate planning.

Documents such as a Will, medical directives, and Powers of Attorney, all notarized, are essential for their well-being and peace of mind.

My personal experience highlights the importance of these documents for young adults.

When my daughter was leaving for college, she resisted preparing her Will, saying, "Mom, I'm NOT going to die. I'm going to college."

I asked her who would make decisions for her if she had a medical situation and couldn't make decisions for herself. She said I could tell them what to do.

I explained that "THEY" would not ask me because, as an adult and without written instructions, the state would make decisions for her.

That was enough to change her mind. She got those documents prepared and notarized before leaving for college.

Why should young adults have a Will? Consider these three reasons:

1. Reduce Family Stress: Without a notarized Will, your family may face difficulties making decisions on your behalf, resulting in emotional strain.

2. Manage Social Media Legacies: A Will ensures your wishes for your social media accounts, with a trusted person handling them according to your preferences.

3. Protect Beloved Pets: Designating a caregiver for pets in writing prevents them from ending up in shelters or with unsuitable owners.
   

While discussing these topics can be uncomfortable, it's important to have an open dialogue about estate planning and empower young adults to protect their futures.

Ensure your adult children have their Wills prepared.

It is one of the most important things you can do for them as they enter adulthood.