Most Americans don’t have a will.

Will And Testament

If you don’t have a will already drawn up, you shouldn’t feel alone. In fact, according to a recent article by the Huffington Post, nearly 60% of Americans are living without a will.

“As one might expect, older Americans are the most likely demographic to have an estate plan in place. According to the survey, 81 percent of those age 72 or older have a will or living trust. However, that percentage declines significantly with younger people.

A staggering 78 percent of millennials (ages 18-36) do not have a will. Even more surprising is that 64 percent of Generation X (ages 37 to 52) doesn’t have a will, and nearly half of respondents in the 53 to 71-year-old age group (40 percent) said they don’t have one.”

The article goes on to explain what factors play into these results. To read the full article, follow the link here.

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