Important Considerations For Gen Z When Estate Planning

For decades, people have thought of Gen Z as one of the youngest generations in society. Today, though, the oldest members of this generation are 26 years old and many of them are thinking about the future and planning for their estate. Gen Z got its name because they were the first generation to ‘zoom’ around the Internet, usually on portable devices. Being the most tech-savvy generation, many Gen Zers are tempted to go online for their estate planning tasks, but this is a mistake. The best way to create an estate plan is to meet with a St. Petersburg estate planning attorney.

The Problem with Online Estate Planning Documents 

It is true that there are many online tools that claim to help individuals plan their estate. Unfortunately, these templates likely will not provide the protection you are looking for. This is because these online resources provide one solution and that is not practical when estate planning. No two estates are exactly alike, and you may have certain wishes that require customized solutions.

Additionally, due to the fact that online templates are meant to appeal to the masses, they also do not factor in specific state laws. Like all states, Florida has very strict laws regarding estate planning documents. If your estate plan does not comply with these laws, important documents could be deemed void. State law would then dictate how your property is distributed, and even who will act as the guardian of minor children.

How Our Attorney Can Help with Your Estate Plan 

The only way to ensure that you and your family are protected, and that your wishes will be fulfilled, is to meet with an estate planning lawyer. Our knowledgeable attorney can help with many estate planning tasks, including:

• Identify goals: Gen Z is one of the most socially conscious generations. Our attorney can help you identify your goals, such as donating to a charity or a cause that is important to you.
• Identify assets: Nearing their thirties, many Gen Zers have already amassed quite a bit of wealth. Our attorney can help you identify traditional assets, such as a home or vehicle, as well as digital assets, such as cryptocurrency.
• Update regularly: While Gen Zers are getting older, many still have major life changes ahead of them such as births, deaths, and marriage. Our attorney can review your estate planning documents with you on a regular basis to determine if your plan needs updating.

Call Our Estate Planning Lawyer in St. Petersburg Today 

If you have been thinking about creating an estate plan, you need sound legal advice from a St. Petersburg estate planning lawyer. At Legacy Protection Lawyers, LLP, our experienced attorney can review the facts of your case with you, advise on the documents you may want to include in your plan, and ensure that your future is protected. Call us now at 727-471-5868 or contact us online to schedule a consultation with our knowledgeable attorney and to get the legal help you need.

Source:

leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0732/0732.html