The Three Thirties of Estate Planning
Join Host Andrew Mertzenich on this weeks episode where he dives into the 3 30’s of estate planning. Estate Planning is something every one should have on their minds. Learn about the Three Thirties Involved in Estate Planning and how they affect you and your plan.
Estate planning is an important aspect of financial planning at every stage of life. It helps individuals ensure that their assets are distributed according to their wishes and that their loved ones are taken care of, even after they’re gone.
Millennial Estate Planning
For those aged 0-30, estate planning may not seem like a priority, but it’s never too early to start thinking about the future. Having a plan in place can help young adults ensure that their assets are protected and that their families are taken care of in the event of an unexpected loss.
Estate Planning 30-60
For individuals aged 30-60, estate planning is crucial as this is often a time of significant change, including the start of a family, the purchase of a home, and the accumulation of wealth. A comprehensive estate plan can help protect these assets and ensure that they are passed down to the next generation.
60+ Estate Planning
For those 60 or older, estate planning is even more important. At this stage in life, individuals may have accumulated significant assets, and it’s important to have a plan in place to ensure that they are distributed according to their wishes. Estate planning can also help individuals prepare for end-of-life medical decisions and ensure that their families are taken care of financially.
No matter what stage of life you’re in, estate planning is an important aspect of financial planning that should not be overlooked. Consider working with an estate planning attorney to develop a plan that meets your unique needs and protects your assets for the future.
