2020 Estate Planning and Wills Study

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The data according to Caring.com shows that “a majority of people believe estate planning is important, but a low number of people actually have documents in place which likely indicates a lack of education and familiarity with the process.” Even more startling, according to the survey, is that “in 2017, almost half (42%) of all Americans said that they have a will or another type of estate planning document…but in 2020, less than one-third (32%) say they have one or more documents…a decrease of nearly 25% in just three years.” With the current pandemic, the 2020 numbers are likely to increase, but while the majority of respondents believe planning to be important, less and less are putting plans in place. Contact me today to become familiar with the process and to find out how affordable planning really is.

https://www.caring.com/caregivers/estate-planning/wills-survey?utm_sq=g5kkr82j73#the-importance-of-estate-planning

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