Meanwhile, more Millennials are writing their wills in response to the pandemic. COVID-19 has caused young people to rethink everything from their career to what they want out of their dating lives, and now, more Millennials are planning their wills to gain a sense of control and ensure family is taken care of if they, or a loved one, gets sick. According to a 2020 survey by LegalZoom, 32% of the adults under 35 who wrote a will said it was because of the COVID-19 pandemic, and 27% of 18-34-year-olds had a will in 2021, compared to 18% in 2019 according to Caring.com. Avi Kestenbaum, a partner at Meltzer, Lippe, and Goldstein & Breitstone LLP, says Millennial clients (especially those with children) are taking action in response to new variants popping up. Will-planning certainly hasn’t been the norm for young generations, but considering the extent to which their other life decisions have been affected, it makes sense they would want to regain control—even if that means planning for the worst. (WSJ)
