Westchester Elder Law Attorney Lauren C. Enea Sheds Light on Estate Planning for Younger Adults
Enea weighs in on Caring.com’s recent study findings highlighting greater focus on estate planning by younger Americans due to inflation
Westchester County, N.Y. (July 24, 2023) – Westchester elder law attorney Lauren C. Enea, senior associate at Enea, Scanlan & Sirignano, LLP in White Plains and Somers, N.Y., recently shared her insights on Caring.com’s 2023 Wills and Estate Planning Study, which found that more than one in three younger adults felt a greater need to engage in estate planning due to inflation – surpassing all other age groups. Among adults aged 18-34 years old, 63 percent more have estate planning documents than in 2020.
“The pandemic taught us a vital lesson about the importance of planning for the future – a lesson further amplified by recent inflation,” said Lauren Enea. “There are many uncertainties in life, a reality that makes estate planning – something that is within our control – even more essential. It’s in every adult’s best interest, regardless of age, to protect their assets and ensure their wishes are followed.”
The 2023 Wills and Estate Planning Study revealed that the impact of inflation on estate planning varies greatly depending on the age group. “Half of young Americans said inflation changed their view on estate planning, while only 32 percent of Americans aged 55 and older said their views have changed,” noted the Caring.com report. “Young people were 43 percent more likely than older adults to say they think estate planning is now more important.”
Ms. Enea continued, “As a millennial, I strongly encourage my peers to be proactive and take control of their future by engaging estate planning sooner rather than later. There are many benefits to doing so, including greater peace of mind – and it’s never too early… or too late.”
An active member of the local bar associations, Ms. Enea holds several leadership positions within various legal organizations. She was appointed to the Executive Committee of the Westchester County Bar Association (WCBA) Trusts and Estates Section. Additionally, Ms. Enea serves as co-chair of the WCBA New Lawyers Section, treasurer of the Columbian Lawyers Association of Westchester County, and chairs the Publications Committee for the New York State Bar Association (NYSBA) Elder Law and Special Needs Section. She is also the co-editor of the NYSBA Elder Law and Special Needs Section Journal.
Ms. Enea was awarded the Westchester County Bar Association’s Outstanding New Lawyer Award. She was also named to the 2021 and 2022 Super Lawyers Rising Stars list and the 2023 Best Lawyers Ones to Watch list. She is the president of CAREERS Support Solutions’ Board of Directors, a nonprofit helping individuals with disabilities obtain gainful employment in Westchester, Putnam and Dutchess Counties, and a member of the Pace Women’s Justice Center Advisory Board, Friends of Gail. Ms. Enea is admitted to practice law in New York and Florida.
Enea, Scanlan & Sirignano, LLP is located at 245 Main Street in White Plains, N.Y. with additional offices in Somers, N.Y. For more information or to schedule a consultation, call 914-948-1500 or visit www.esslawfirm.com.
About Enea, Scanlan & Sirignano, LLP
Enea, Scanlan & Sirignano, LLP is an AV preeminent rated elder law firm with offices in White Plains and Somers, N.Y. The practice concentrates on Elder Law; Medicaid Planning; Nursing Home and Home Care Applications; Wills, Trusts and Estates; Guardianships; Estate Litigation; Supplemental Needs Trusts; and Special Needs Planning. Enea, Scanlan & Sirignano, LLP serves Westchester, Rockland, Putnam, the Bronx, Manhattan, Long Island and Queens and is committed to providing the highest quality legal services to seniors, the disabled and their families. Visit the firm online at www.esslawfirm.com.