I'm 27, Healthy, and Have No Kids. Do I Really Need an Estate Plan?

The honest answer is yes — and the reason might surprise you.

Most young adults assume estate planning is for older people with large houses, investment portfolios, and grown children. But estate planning isn't about what you own. It's about what happens to you and the people you care about when something unexpected occurs.

Consider this: a serious car accident, a sudden medical emergency, an unexpected diagnosis. None of these care how old you are. And without the right documents in place, the consequences for your family can be significant.

Without a will, your state decides who receives your belongings — following intestacy laws that may have nothing to do with your actual wishes. Without a healthcare directive, doctors may turn to whoever is legally next of kin to make decisions about your care. Without a power of attorney, no one has legal authority to pay your bills, manage your apartment, or access your accounts while you recover.

For young adults, the minimum viable estate plan is actually pretty simple: a will, a durable power of attorney, a healthcare directive, and a medical power of attorney. Together these four documents cost far less than most people expect — and they cover the situations most likely to affect you in your 20s and 30s.

There's another reason to start now that most people overlook: time. Estate planning done in your 20s gets updated and improved over the decades ahead. Starting at 60 means you're scrambling to catch up. Starting now means you're building a foundation.

You don't need to be rich. You don't need to own property. You just need to care about what happens to you — and to the people who care about you.

📌 Starting your estate plan at 27 is one of the smartest financial moves you can make. Let's keep it simple and get it done. Reach out to schedule your first consultation.