Jana R. McCreary, J.D, LL.M.’s Post

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

This blog emphasizes the importance of estate planning for millennials. It covers key steps such as appointing decision-makers, choosing beneficiaries for employment benefits, creating a plan if unmarried, and providing for pets. The goal is to help millennials protect their future and loved ones by taking proactive steps now.

Will Millennials be the richest generation? A recent story in The Guardian says yes, but let's unpack the logic. 💰 🏡 The rationale is very simple: Millennials stand to inherit expensive properties from the Baby Boomers. 🤔 But inheritance alone doesn't guarantee long-run wealth, especially if property values are inflated. 🔍 The optimism about Millennials is good, but we should look to generate wealth through other means than just inheritance. That is helpful fuel, but it won't sustain a lifetime. We need to improve financial literacy and strategic decision-making across the board. #financialplanning #millennials #housing #financialeducation https://lnkd.in/eXT-JQhM

Anything their parents can do, they can do better. At least, that's what Millennials believe when it comes to their finances. 😌 Check out this article to learn if Millennials truly have the upper hand. #MNrealestate #titleinsurance #OpenAt8CloseAllDay #titleagent

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

Millennials: Here Are 8 Key Signs You’re Doing Better Financially Than Boomers Were at Your Age

With years of talk about Boomers passing wealth to Millennials - no longer the most hated generation, I might add - it has me wondering one thing: Are we just skipping over Gen X entirely? Baby boomers: born 1946 - 1964 ***[insert missing Gen X]: born 1965 - 1980*** Millennials: born 1981 -1996 So much has been written about this wealth transfer and all of it says the same thing: Millennials aren't ready. Maybe Gen X is... instead? And maybe, as a point of order in the conversation, they should be. Here's another CNBC article that isn't any more interesting than the exact same message that's been regurgitated over and over for the past 10+ years. 🥱 https://lnkd.in/gBcdJpf4

Living alone has become a new milestone for some millennials. Juliana Kaplan and Rosalie Chan report: The 30-something American dream used to look a little like this: You're married, you have two or three kids, and you own your starter house (white picket fence optional). But things have shifted. Millennials are getting married later, if at all. They're having kids later, if at all. And forget owning a sprawling suburban home. That's helping establish a new millennial milestone for some: Ditching roommates, moving out from the family home, and landing on living alone. Read the full story at Business Insider.

Anything their parents can do, they can do better. At least, that's what Millennials believe when it comes to their finances. 😌 Check out this article to learn if Millennials truly have the upper hand. #MNrealestate #titleinsurance #OpenAt8CloseAllDay #titleagent