Should only the elderly create wills and trusts?

It is a common misconception that only older people need to make a last will and testament. You should not wait until you are a senior to begin using important estate planning tools like wills and trusts. You don’t know when or if something could happen to you and you could pass away without an estate plan or be left incapacitated without a plan in place to protect your family and assets. You need to work with an attorney even when you are younger to put a plan in place for a secure future for yourself and the people you love.  If you don’t have a plan and something happens, default rules like intestacy law could apply and these default rules might result in decisions being made that are very different from what you would have preferred to have happen.