When most people hear the term “estate planning,” they think of retirees with large bank accounts or families with multiple properties. But here’s the truth: every adult needs an estate plan, no matter their age or wealth.
If you're in your 20s or 30s—or if you’re a parent of someone in that age range—this post is for you.
At Generations Legal Group, we believe that estate planning isn’t just about what happens when you pass away. It’s about having a say in what happens if life doesn’t go as planned. And we’re here to make it accessible and affordable, even for those just starting out.
Why Estate Planning Isn’t Just for the Elderly
Life is unpredictable. Accidents, illness, and emergencies can happen to anyone at any time. Without the right legal documents in place, your loved ones could be left:
- Unable to access your bank account to pay your bills
- Without authority to make medical decisions on your behalf
- In court, petitioning for guardianship to help you
- Fighting over who will raise the children
Even if you don’t own a home or have a large savings account, having a basic estate plan means you stay in control—and protect those you care about.
The Essentials Every Young Adult Needs
You don’t need a complicated or expensive plan to be protected. Here are the core documents we recommend for every adult:
1. Healthcare Power of Attorney & Living Will
Designate someone you trust to make medical decisions for you if you can’t. Include your wishes about life support, organ donation, and end-of-life care.
2. Financial Power of Attorney
This lets someone handle your finances, pay bills, or manage property if you’re temporarily or permanently incapacitated. Without it, your family may have to go to court just to help you.
3. HIPAA Authorization
Gives loved ones permission to access your medical information—critical in emergencies.
4. Simple Will or Beneficiary Planning
Even if you don’t think you own much, having a will ensures your assets (like bank accounts, a vehicle, or digital property) go where you want them to—not where the state decides.
Planning for New Families
Young adults who are newly married or raising children have even more reason to plan. A will allows you to:
- Name guardians for minor children
- Designate who manages inherited money
- Protect a spouse or partner with legal authority
Without a will, the state’s intestacy laws take over—and the results may be far from what you would’ve wanted.
“I Can’t Afford It” — Yes, You Can
We understand that when you’re just getting started in life, legal fees can feel like a luxury. But not planning can cost far more down the road—in legal fees, family disputes, or lost control.
To help, Generations Legal Group offers flexible financing options for young adults and families who want to plan but can’t pay everything upfront. Protecting your future shouldn't be out of reach, and we’re committed to making it possible.
You’ll Thank Yourself Later
Our ounder, Todd Whatley is in a coaching program. One of the coaches said "Do something today that the future you will appreciate you did today". He thought that was pretty profound. Estate planning isn’t about being morbid—it’s about being prepared, responsible, and caring for the people who may need to step in on your behalf.
You don’t need to be rich.
You don’t need to be old.
You just need to be an adult who wants peace of mind.
The future you will appreciate that you did this.
Call Generations Legal Group at 479-601-4119 today to schedule a consultation. We’ll walk you through exactly what you need, and make it easy to protect your future—on your terms, and within your budget.
Your adulting game just leveled up. Let’s make sure your legal life is as put together as your Spotify playlists.
H. Todd Whatley, CELA*, LLM Elder Law
Owner, Generations Legal Group and The Elder Law Coach
Email: Todd@GenerationsLegalGroup.com
479-601-4119
2701 SE J St., Suite 109, Bentonville, AR 72712
Podcast for Seniors and their families.
*As certified by the National Elder Law Foundation, an ABA-approved organization for certification.
