Do You Have a Will?
July 18, 2022
A 2021 Gallup poll found that only 46% of U.S. adults have a will — similar to the results of other Gallup polls over the last 30 years. It’s not surprising that older people are more likely to have a will, as are people with higher incomes.
Regardless of age or income, having a will is an essential step to pass your assets to your heirs with clarity and confidence. A will enables you to distribute your property, name an executor for your estate, and appoint a guardian for minor children. Various software programs may help you create a will, but it is generally better to consult an attorney who is familiar with the laws of your state.
Percentage of Americans who have a will, by age group
- 18 to 29: 20%
- 30 to 49: 36%
- 50 to 64: 53%
- 65+: 76%
Source: Gallup, 2021
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