Thursday, June 16, 2022

COVID-19 Is Motivating Americans to Get a Will – Especially After Contracting COVID-19 

COVID

The COVID-19 pandemic served as a wake-up call for many Americans, especially regarding end-of-life planning. 

According to the survey question “Did your loved one have a will before dying of COVID-19?” only 22.6% responded with Yes, 17.6% responded that their loved one had a living trust, and 15.8% had a different estate planning document in place.

Now, nearly half of those who had a serious case of COVID-19 are much more likely to have a will than those who have not experienced the virus. This includes an increase with 18-34 year-olds, who have been motivated by the pandemic to take further steps to obtain estate planning documents.

For more Information:

See Daniel Cobb, “1 in 5 People Who Died of COVID-19 Did Not Have an Estate Plan,” Caring.com, June 2022.

https://lawprofessors.typepad.com/trusts_estates_prof/2022/06/covid-19-is-motivating-americans-to-get-a-will-especially-after-contracting-covid-19-.html

Current Events, Death Event Planning, Estate Planning – Generally, Trusts, Wills | Permalink

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