Why Everyone Needs an Estate Plan?
At Ava Li Law PLLC, we are often asked: “Do I really need an estate plan?”
The short answer is: yes. Estate planning is not only for the wealthy or the elderly. It is for anyone who wants to make sure their assets, healthcare choices, and personal wishes are respected, no matter their age or financial situation.
Studies show that only about one-third of Americans have a will or estate plan. Many people think they “don’t have enough” to plan for. In reality, estate planning is about much more than money. It is about who can speak for you if you are sick, who will care for your children, and how your savings and property
are handled when you are no longer here.
Young Adults (18–34)
Roughly a quarter already have some estate planning in place. Even at this age, documents like a power of attorney and healthcare directive can protect you if something unexpected happens.
Middle-Aged Adults (35–54)
Around one in four have a will. This is a key time to protect a growing family, a home, and other important assets.
Adults 55+
Nearly half have started formal estate planning. As retirement approaches, it becomes especially important to plan for long-term care, inheritance, and end-of-life decisions.
Older Adults (72 and Above)
The vast majority already have an estate plan, reflecting the need to prepare for legacy, healthcare, and support for loved ones.
Estate planning is not just about who gets what. It is about control, clarity, and care. No matter your age, having a plan means you choose who can make decisions for you, how your family is protected, and how your story continues after you are gone.
Why Choose Us?
We stress the value of professional estate planning. About 49% of Americans earning over $80,000 rely on professionals, while many others attempt DIY plans that can lead to legal complications. When creating a trust or estate plan, the choice of trustee or agent is crucial. Around 50–60% of individuals choose family members to serve in this role, but for complex or larger estates, 35–40% of people turn to professionals instead. Working with a professional estate planning law firm offers important advantages:
Objectivity and impartiality Professionals can make decisions based on law and facts, helping avoid family conflict and emotional pressure.
Expertise in management They bring legal, financial, and tax knowledge to manage your estate in an efficient and compliant way.
Legally sound documents Professional firms draft and maintain documents that meet current legal standards and best practices.
Comprehensive handling Complex estates often involve real estate, business interests, retirement accounts, and cross-border issues. Professionals are trained to coordinate all of these pieces.
Continuity and reliability Unlike individual trustees who may move away, become ill, or pass away, a professional firm can provide long-term, stable support.
Ongoing document maintenance As your life changes—marriage, children, property, relocation—your plan can be reviewed and updated regularly.
Have questions? Contact us for a Free Consultation. Ready to start? Book your consultation today!