67% of Americans have no estate plan, survey finds. Here’s how to get started on one
The Covid-19 pandemic has increased Americans’ awareness of the need to have a will, living trust or other similar end-of-life document prepared.
Yet only about 33% of Americans have put these plans in place, according to a new survey from senior living referral service Caring.com. That means that 67% are leaving what happens to them and their assets in case of disability or death up to others, including the state.
The biggest reason why: They just haven’t gotten around to it, according to 40% of survey respondents. Meanwhile, 33% said they don’t have enough assets to pass on to their loved ones, 13% said the estate-planning process is too costly and 12% said they do not know how to get a will.
Retiree News 
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