Living Will

Stuff? We don't need any freakin' stuff. Personal estates and determining when to start planning your estate.

You may think because you're young and don't have massive ownership in land and fancy artwork that you don't need an living will, time to change that way of thinking.
Team WealthBerry
4 mins

Today, let's dive into a topic that might not be on the top of our to-do lists but is worth considering: creating a living will. I know what you might think: I don't have enough possessions to worry about a living choice! But trust me, my friends, there's more to it than meets the eye. So, let's explore why you should start thinking about this important document, even if you don't have a mansion or a collection of rare vintage cars.

Picture this: you're in your twenties or thirties, just starting your career, and life is full of exciting possibilities. You're focused on building your future, climbing the corporate ladder, and maybe saving for that dream vacation. It's an exhilarating time, and the last thing on your mind is what will happen if something unexpected occurs. But here's the truth: life is unpredictable, and having a living will in place can provide peace of mind and protect your loved ones should the unthinkable happen.

Now, I know the term living might sound daunting, so let's break it down. A living will is a legal document outlining your wishes regarding medical treatment and end-of-life care. It allows you to make decisions in advance about the medical care you would like to receive or refuse if you become unable to communicate your preferences. It's like having a voice when you can't speak for yourself.

You might be thinking, I don't have a vast estate or a fortune to leave behind, so why bother? Well, my friends, a living will is not just about material possessions. It's about so much more. It's about respecting your values, beliefs, and desires, regardless of your financial situation. It's about giving your loved ones guidance during difficult times and sparing them from making tough decisions on your behalf.

Imagine this scenario: you're in a severe accident and cannot communicate. Without a living will, your family might find themselves torn between different opinions on what medical treatments to pursue. Emotions run high and can be an overwhelming burden for your loved ones. Having a living will can provide clear instructions about the care you want, easing the burden on your family and ensuring your wishes are honored.

Another vital aspect is that a living will isn't set in stone. As you progress through life, your circumstances and preferences may change. That's why reviewing and updating your residence regularly is crucial. Young professionals often experience significant life events, such as getting married, starting a family, or buying a house. These milestones can impact our wishes for medical care and end-of-life decisions. So, by starting early, we can adapt our living wills to reflect our evolving perspectives and circumstances.

Now, I understand that talking about these topics can be uncomfortable and even a little scary. But remember, my friends, knowledge is power. By educating ourselves and taking proactive steps, we can confidently face the future and ensure our wishes are respected. So, let's start the conversation, seek professional guidance, and take the necessary steps to create our living wills.

In conclusion, my fellow millennials and early career professionals, having a living will is not just for the wealthy or elderly. It's a way to protect ourselves, our values, and our loved ones. So, let's break free from the misconception that we don't have enough possessions to warrant a living will. Start the process, educate yourself, and take control of your future. You'll thank yourself, and your loved ones will thank you, too. Stay empowered and stay prepared!

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