If you’re a young parent in McAllen, estate planning probably isn’t at the top of your to-do list. You’re not alone—many young families put it off. A 2023 survey by Caring.com found that only 34% of Americans have a will, and even fewer people under 35 have started the estate planning process. This leaves families exposed to unexpected challenges. But as your responsibilities grow, especially with kids and assets to protect, it’s important to take action now. Here’s why working with an estate planning lawyer in McAllen is something you should think about for 2025 and beyond.
Don’t Wait—Secure Your Family’s Future Now
Estate planning isn’t just about writing a will. It’s about creating a plan to protect your family, manage your assets, and ensure that your loved ones are cared for if something happens to you. If you’re a parent, the top priority is always your children’s well-being. Estate planning ensures they’re safe, even if you can’t be there. For example, naming a legal guardian for your kids is crucial—without a plan, a judge will decide for you. Having a clear guardianship plan gives your children the stability of a familiar environment, which is so important during difficult times.
Take Control of Your Finances—Avoid Leaving a Burden Behind
Debt is a common part of life for young adults. Mortgages, student loans, and credit card debt can feel overwhelming. However, estate planning gives you the power to decide how your debts are handled. Instead of your loved ones dealing with this stress, you can ensure your wishes are clear. Additionally, estate planning allows you to create a financial legacy—whether it’s through life insurance, investments, or savings accounts. Having these instructions in place helps ensure your family’s financial future, no matter what.
Don’t Forget About Your Digital Life—Plan for Your Online Assets
With so much of our lives online, young families often overlook the importance of planning for their digital assets. From social media accounts to cryptocurrency, your online presence needs protection, too. Estate planning helps you specify how these digital assets should be managed, who will control them, and how your family can access them. Be sure to include instructions for things like passwords, digital banking, and even your social media profiles, so that your online world is handled according to your wishes.
Be Prepared for the Unexpected—Set Up Medical Directives Today
We all hope for good health, but the reality is that life can change in an instant. A living will, and healthcare directives give you control over your medical decisions. These documents clarify what kind of care you want in an emergency, which can help your family avoid difficult decisions and reduce stress. Without them, your loved ones could face legal battles or have to make tough choices that go against your wishes. Setting these up is one of the most thoughtful things you can do for your family.
Take the First Step Toward Peace of Mind—Find an Estate Planning Attorney Near Me
It’s easy to push estate planning to the back burner when you’re busy raising a family. But the truth is, the earlier you start, the better it is for everyone. Planning can save your family from financial strain, give them a clear roadmap if anything unexpected happens, and offer peace of mind. At Fryer and Hansen, we specialize in helping young families in McAllen create customized estate plans that fit their needs. We guide you through every step so you can protect what matters most to you.
As we approach 2025, there’s no better time to get started. Contact Fryer and Hansen today to set up an estate plan tailored to your family’s needs and secure your future.