When you are talking to your attorney about your estate, there are some things that you may or may not want. For example, you might want to set up a trust, but you may not want to set up guardianship for minors if you don't have children.
You're young, so the idea of planning for your death might seem far off in the distance. Despite that, there is no way to know how long you'll live, and you may have people and assets you want to protect in the case of serious injury or death.
Estate planning can be a complicated task, but the good news is that most people can set up a basic estate plan with just a little bit of help from their attorneys and tax or financial advisors. The point of an estate plan is to make sure you have the basic protections in place, like your will, a health care proxy and your durable power of attorney.
Are many people missing an important piece when it comes to planning for the future? A recent survey points to the answer being yes.