6 Estate Planning Tips for Young Families
When you’re young and raising a family, estate planning might not be at the top of your priority list. Between juggling work, parenting, and everything else life throws at you, thinking about the future – especially when you might not be around – can feel overwhelming.
But the reality is that estate planning isn’t just for the wealthy or the elderly. It’s key for young families to consider, as well.
If you haven’t started the estate planning process, now is the time to get serious about it. The sooner you take action, the more control you have over how your assets are handled and how your family is cared for.
Here are some essential estate planning tips every young family – including yours – should know. 1. Establish a Will to Protect Your Children and Assets A will is one of the most basic and essential estate planning documents, yet many young parents put off creating one.
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United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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