Why millennials' wills and estate plans are so unique

The Globe and Mail
Deanne Gage
Published May 5, 2021
matejmo/iStockPhoto / Getty Images
While more millennials have started to focus on estate planning due to the unsettling nature of the COVID-19 pandemic, those actual plans may look quite different from the wills of older generations.
That’s because for millennials, digital assets are top, according to U.S. online estate planning firm Trust & Will’s recent study of 20,000 millennials between the ages of 25 and 40 who completed estate plans in 2020. In fact, all of the millennials surveyed named a digital executor to manage their digital assets, such as online accounts and social media pages.

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