Estate Planning

Why You Need a Will Even If You Are Young

6 min readUpdated April 4, 2026
Sarah Chen
Sarah Chen, J.D.Attorney Reviewed

You're young. You're healthy. You don't need a will yet, right? Wrong. Here's why every adult needs basic estate planning.

What Happens Without a Will

If you die without a will (intestate), NVC law decides who gets your assets — and it may not match your wishes. Your family may face costly probate proceedings and painful disputes.

It's Not Just About Money

A will also: - Names a guardian for your minor children - Designates who manages your digital accounts - Specifies your wishes for pets - Can include funeral and burial preferences

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Young People Have Assets Too

- Retirement accounts - Life insurance policies - Real estate - Digital assets and accounts - Vehicles - Personal property with sentimental value

The Process Is Simple

A basic will can be completed in a single meeting. The cost is minimal. The peace of mind is significant.


This article is general information only and does not constitute legal advice.

Sarah Chen

About the Author

Sarah Chen

Named Partner · General Practice

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What Happens Next: Estate Planning

Here is what the process looks like, step by step.

1

Planning Consultation

Day 1
Your Role

Bring a list of your assets, debts, insurance policies, and beneficiary designations. Think about who you want to inherit what.

What We Do

We assess your estate, discuss your goals, explain the options (will vs. trust, powers of attorney, healthcare directives), and recommend a plan tailored to your situation.

2

Plan Design

Weeks 1–2
Your Role

Make decisions about guardianship for minor children, trustee selection, and distribution preferences. We guide you through each decision.

What We Do

We design your estate plan, draft all documents, and prepare a comprehensive package including wills, trusts, powers of attorney, and healthcare directives.

3

Document Review & Signing

Weeks 2–3
Your Role

Review the draft documents carefully with us. Ask questions — we explain every provision in plain language. Bring two witnesses for signing.

What We Do

We walk you through every document, make any revisions, arrange proper execution with witnesses and notarization, and ensure all legal formalities are met.

4

Funding & Implementation

Weeks 3–6
Your Role

Transfer assets into your trust as directed. Update beneficiary designations on retirement accounts and insurance policies.

What We Do

We provide detailed funding instructions, assist with asset transfers, and verify that your plan is fully implemented. An unfunded trust is an empty promise.

5

Ongoing Review

Annually
Your Role

Notify us of major life changes — births, deaths, marriages, divorces, significant asset changes. Review your plan every 3–5 years.

What We Do

We offer complimentary annual check-ins to ensure your plan stays current. We update documents as needed when your life circumstances change.

This article is for informational purposes only and does not constitute legal advice.
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