One of the biggest misconceptions about estate planning is that it’s only for the wealthy or retired. The truth? If you’re over 18, you likely need at least a basic plan in place.

Estate planning isn’t about how much you own. It’s about making sure the right people are empowered to act on your behalf if something unexpected happens. Without basic documents in place, decisions about your health, finances, or belongings could fall to the courts or to someone you wouldn’t choose. This article also highlights the importance of creating a plan before you think you need one. 

Major life changes such as turning 18, getting married or divorced, buying property, or having a child are all clear signals it’s time to create or revisit your plan. But you don’t need to wait for a big milestone. The earlier you plan, the more control you have.

At a minimum, most adults should consider a will, a healthcare proxy, and beneficiary designations on bank accounts. For those looking for more privacy and flexibility, a revocable living trust can also be a smart option.

Estate planning isn’t about preparing for the worst. It’s about protecting what matters most. If you’re not sure where to begin, Rhodes Law Firm is here to help.

Contact us today to start the conversation.