Life’s uncertainties have a way of reminding us how precious—and unpredictable—our time is. Even if you’re young and healthy, having a will in place is a crucial step toward securing peace of mind for you and your loved ones. From safeguarding your assets to making sure your wishes are honoured, a will can play a vital role at any stage in life.
Key Reasons Why Young Adults Should Consider a Will
- You Decide What Happens to Your Assets
For many young people, the assumption is that wills are only for the wealthy. However, a will goes beyond dividing substantial wealth; it protects any belongings, investments, or sentimental items you may have. Even a car, bank account, or digital assets deserve to be handled according to your wishes, which a will can ensure. - Legal Clarity and Reduced Family Burden
Without a will, your estate enters intestacy, where government-set rules dictate how your assets will be distributed. This process can lead to potential disputes, legal fees, and delays, especially for family members who are already dealing with loss. A will provides clear instructions, giving your family one less thing to worry about during difficult times. - Consider Future Assets
It’s common for young adults to overlook will planning because they feel they haven’t accumulated enough yet. However, future assets—such as a possible inheritance or a life insurance payout—could complicate matters. A will ensures any future assets are allocated according to your desires, offering protection regardless of your current financial situation.
Making a Will: A Social Responsibility
Think of a will as an act of consideration, both for your loved ones and your community. Taking the time to create a will reflects the value you place on responsibly planning for what happens after you’re gone. Consider this a step toward a complete life plan—one that encompasses not only the present but also the future, leaving less to chance.
Will Planning Has Never Been Easier
Contrary to popular belief, drafting a will doesn’t have to be time-consuming or costly. Today, various online tools and “do-it-yourself” options make it affordable and straightforward, whether you choose a simple online approach or seek professional legal advice. The investment is minimal, especially when compared to the peace of mind you gain by knowing your affairs are in order.
Plan for Today, Protect Tomorrow
Ultimately, preparing a will as a young adult is about empowerment—giving you control over how your story unfolds, even after you’re gone. We plan for birthdays, careers, and family milestones; planning for the unexpected should be no different. Let’s make will planning a priority now, not later.
At the Lung Health Foundation, our partnership with Epilogue Wills brings you a Will Planner tool to help secure your loved ones’ future. Join others in taking this easy, affordable step toward peace of mind—protect today, and plan for tomorrow with confidence.