As summer fades into fall and school resumes, millions of seniors are entering the home stretch of their high school careers and marking their official entry into legal adulthood at age 18. While an 18-year-old may not need as many tools in their estate plan as adults further down the path of life require, they should at least have the foundational documents that address the new reality of their legal independence. Read more about why high school seniors can use a starter Estate Plan.

A will is essential whether your net worth is $1 million or $100. Individuals with a higher income level and a high net worth are more likely to have an existing estate plan, and they may require additional tools in their plan to address their concerns adequately. But everyone should still have an estate plan regardless of their net worth. Read more about why people who do not have a will often mistakenly believe they lack sufficient assets to warrant one.

Young Adults Need a Financial Plan

It is the best of (economic) times and the worst of (economic) times for young adults in America today. Read more about how advisors can reach a generation of Americans who prioritize things like “soft saving,” “work-life balance,” and “sustainable investing.”

This information is for educational purposes only and cannot be considered legal advice, nor does the receipt of this newsletter create an attorney-client relationship.