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Think You're Too Young for a Will? Think Again (Especially If You Have Kids)

Most people under 50 don’t have a will. It’s understandable - wills feel like something for retirees or the ultra-wealthy. But here’s the hard truth: if you’re a parent, homeowner, or have any assets at all, you need a will. And thanks to modern tools, setting one up is easier (and cheaper) than ever.

This isn’t about being morbid - it’s about being responsible. A will isn’t for you. It’s for the people you leave behind.

Why You Need One (Even If You’re Not “Rich”)

A will does more than divide assets. It can:

  • Name guardians for your children if something happens to you.
  • Designate who should inherit what - so the state doesn’t decide.
  • Prevent family fights, court delays, and unnecessary legal fees.
  • Allow you to leave specific items, gifts, or money to friends or causes.

Without a will, your estate goes through probate - a legal process where a judge decides what happens to your belongings. That means your money, home, and even kids could be handled by someone you didn’t choose.

If You Have Kids, a Will Is Non-Negotiable

Imagine something happens to you and your spouse. Who steps in?

Without a will, the court appoints a guardian. It may not be the person you would’ve chosen. Your siblings, parents, or in-laws could fight over custody - or worse, no one may step forward at all.

A will lets you clearly name a legal guardian, backup choices, and instructions for how your children should be cared for. It’s one of the most important documents you’ll ever create as a parent.

What About Online Wills?

Good news: you don’t need a lawyer to make a will anymore. Services like:

  • Trust & Will
  • FreeWill
  • Fabric by Gerber Life
  • LegalZoom

…offer legally valid wills in all 50 states. Most take 20–30 minutes, cost $0–$150, and guide you through everything step by step.

You can update them easily, store them digitally, and print physical copies to keep with your records.

If your estate is simple (no complicated trusts or business holdings), an online will is more than enough.

Other Documents Worth Considering

Along with a basic will, consider creating:

  • Durable power of attorney (lets someone manage your finances if you’re incapacitated).
  • Healthcare directive (also known as a living will).
  • Beneficiary designations for life insurance, retirement accounts, and bank accounts.

These small steps now save your family enormous stress later.

Bottom Line

A will isn’t about preparing to die - it’s about protecting the people you love if the unexpected happens. And in today’s world, creating one is faster, easier, and more affordable than ever.

If you own anything or care for anyone, you’re not too young. You’re right on time.