Estate planning is an important part of preparing for the future, although it's often something people don't consider soon enough. A lack of understanding and misconceptions about the estate planning process can impede proactive measures. However, addressing planning issues now can make decisions down the road more stress-free and seamless.
Many millennials believe that estate planning can wait until they are older and more established in life. However, the reality is that no one can predict the future. If you are an adult with dependents, loved ones or assets - or all of the above - there are multiple reasons why you should have an estate plan.