One of the most pervasive myths about estate planning is that it is most crucial for the elderly. According to a national estate planning survey, this myth is one reason that the majority of people under the age of 34 do not have a will. But young adults, and especially young adults with growing families, run serious risks without a comprehensive estate plan — and this is true whether they are have significant assets to protect or are just beginning to build wealth.<\/p>\n
Newly-married couples are often surprised to learn how important it is for each spouse to sign a power of attorney to cover circumstances if one the spouses becomes incapacitated. Many believe that if one spouse becomes incapacitated, the other spouse will have the legal authority to act in his or her place, but that is not universally true.\u00a0<\/p>\n
Without a power of attorney, a spouse will be unable to make (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" One of the most pervasive myths about estate planning is that it is most crucial for the elderly. According to a national estate planning survey, this myth is one reason that the majority of people under the age of 34…<\/span><\/p>\n