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🤔 Millennials have a lot of things on their mind, but estate planning might not be one of them. According to a recent study, the cohort isn’t as concerned with end-of-life plans as they should be. This helpful article from ConsumerAffairs explores the question of why millennials are lagging behind on their estate plans and what they can do to get started. If you have any questions about planning for your future or leaving a legacy for your family, contact the experienced attorneys at the Estate Planning Law Group today by calling (770) 822-2723. ➡️ https://bit.ly/3U89FWl #estateplanning #planningahead #article #millennials #protectyourlegacy #getstarted #letstalkestateplanning

As a millennial, you are contributing to the workforce in a major way and are making positive changes in the world around you. We understand that your concerns may differ from someone of a different generation, and we are here to help you craft an estate plan that protects your future and addresses the things that matter most to you. Click below for some important steps you need to take to ensure that you have a comprehensive estate plan. https://lnkd.in/egc2WFCQ #estateplanning #estateplan #estateplanningattorney #millennials

Discover why millennials are hesitating on estate planning and what it means for their financial future—dive into the details now at the link below! ⬇️ #EstatePlanning #Millennials #lepelderlaw https://lnkd.in/e_VVNBDX

As a millennial, you are contributing to the workforce in a major way and are making positive changes in the world around you. We understand that your concerns may differ from someone of a different generation, and we are here to help you craft an estate plan that protects your future and addresses the things that matter most to you. Click below for some important steps you need to take to ensure that you have a comprehensive estate plan. https://lnkd.in/eA4NPXPf #estateplanning #estateplan #estateplanningattorney #millennials

Baby boomers are primed to leave millennials $84 trillion in assets over the next few decades, and many of the children are unprepared to receive that kind of money, a new Citizens Bank survey revealed. Altogether, 72 percent of the 1,500 Americans surveyed said they lacked the financial confidence to manage a large influx of money on their own. This is despite roughly one in three Americans anticipating an inheritance within five years, especially concentrated among the millennial and Gen Z groups, where groups, 55 and 41 percent, respectively, said they expect to receive one. https://lnkd.in/guRymnkz #millennials #unprepared #great #wealthtransfer #babyboomers #millennials #financialmanagement

As a millennial, you’re in the prime of your life. But before you get any older, it’s a good idea to have a solid estate plan in place. Here are some estate planning facts about millennials in 2024. #estateplanningformillennials #willsandtrusts #estateplanningtips https://lnkd.in/g8pQ9Spa

Check out our latest blog post: To the Millennials: The Time to Plan Is Now #NewPost #PremierLegacyLaw #EstatePlanning #SecureYourLegacy #YourLegacyOurPriority

Study shows that 62% of millennials do not have a Will or trust, and 34% are unaware of their parents' estate plans. However, it's heartening to know that 58% of them have discussed estate planning with older family members, indicating a generational openness to discussing critical issues. On a positive note, 33% of Gen Z already have an estate plan in place. It's essential to have an estate plan to ensure that your assets are distributed according to your wishes, and your loved ones are taken care of. Have you discussed your estate planning with your family? #estateplanning #financialplanning #millennials #genz

"Millennials may have been portrayed as frivolous spenders squandering their income on overpriced coffees and online barre classes in the face of pitiful long-term finances – but they are on course to become the “richest generation in history”, a study has shown. "Those born between 1981 and 2000 are in line for a “seismic” windfall over the next 20 years, according to research by real estate agent Knight Frank, thanks to the property assets accumulated by the generations before them. "While the distribution of wealth may be shifting between world regions, an even bigger shift is happening between generations. The switch will see $90tn (£71tn) of assets move between generations in the US alone, “making affluent millennials the richest generation in history”, Knight Frank said in its 18th annual wealth report."

Generations have different estate planning needs. Here are several important considerations for estate planning for millennials.