As a successful young man, here are five reasons you should have a will

Estimated reading time: 3 minutes

Death is a topic most young people avoid discussing. It seems like a distant concern, something that only older people need to think about.

However, creating a will is a responsible and essential step for everyone, regardless of age.

Here are five compelling reasons why young persons should have a will even when they think they still have many years ahead before their death:

1. For the sake of your kid(s)

Whether you’re a parent or planning to become one, your child’s well-being should be your top priority. Creating a will ensures that your children are taken care of in the event of your untimely passing.

You can designate guardians who will provide love, support, and stability, offering you peace of mind about your child’s future.

2. If you live in an extended family

In many cultures, including those with extended families like Nigeria, decisions about assets and inheritance can be complex and emotionally charged.

Having a will allows you to clarify your intentions regarding your possessions and assets, minimizing potential conflicts and ensuring your wishes are respected.

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3. There’s no guarantee of tomorrow

Life is unpredictable. None of us can foresee when our time will come. By creating a will at a young age, you prepare for the unexpected.

This act of responsible planning ensures that your loved ones won’t be left in a difficult and uncertain situation.

4. Some family members are patiently waiting for your death

It may sound harsh, but it’s a sad reality in some cases. Certain family members may have ulterior motives, and they might be anticipating an opportunity to benefit from your assets or influence your affairs after your passing.

A will protects your interests and your legacy by outlining your wishes explicitly.

5. There’ll be less chaos after you’re gone

The absence of a will can lead to confusion, disputes, and chaos among your loved ones. It can be a heavy burden on grieving family members who are left to navigate complex legal and financial matters.

A well-drafted will streamline the process and ensure that your estate is distributed according to your wishes thereby minimizing the stress on your family.

It’s important to note that creating a will isn’t an act of tempting fate or dwelling on morbidity; it’s a responsible and caring gesture toward your loved ones.