Estate Planning in Your 30’s

While in your 30’s you are probably earning more or growing your business or advancing through the ranks at your company and as a result, creating a larger pool of assets. Our typical client in this age range typically has purchased a home and has a growing family. The planning goals of someone in their 30’s is substantially similar to those in their 20’s. However, people in their 30’s are typically starting to get closer to the asset level where it is time to start considering the need for a trust. A trust in this situation may or may not make sense depending on the person’s particular situation, but the advantages and disadvantages of a trust certainly should be discussed with your estate planner.