Journal of Financial Planning: April 2021
32…Percentage of people ages 18 to 34 who said they got a will because of COVID-19. (LegalZoom)
21…Percentage of people ages 18 to 34 who said they drew up a will specifically because they or someone close to them contracted COVID-19. (LegalZoom)
62…Percentage of Americans who don’t have a will. (LegalZoom)
12…Percentage of people who have a will who created them in the past 12 months. (LegalZoom)
$68 trillion…The amount of money that will move between generations within 25 years. (Cerulli)
$300-$1,000…Depending on a client’s situation, they can expect to pay this for a lawyer to draft up a will. (Investopedia)
63…Percentage increase in young adults with a will since 2020. (Caring.com)
18-34…The age range more likely to have a will than 35- to 54-year-olds. (Caring.com)
2 out of 3…Number of adults who still don’t have a will despite the pandemic. (Caring.com)
33…Percentage of people who said they have a will or other estate planning documents in 2021. (Caring.com)
1 out of 3…Number of people who said COVID-19 made them see a greater need for an estate plan.
(Caring.com)
31…Percentage of those who saw a greater need for an estate plan but hadn’t yet done anything about it.
(Caring.com)