Some people have the mistaken idea that only the elderly need Wills and Powers of Attorney for property and health issues. However people can die at any age unfortunately. It saves money, stress and many problems if these matters were dealt with by everyone.
You may think you do not have sufficient assets needing to be addressed. However everyone has some assets and the cost of fees for Wills and Powers of Attorney are negligible.
Some families have unique challenges which also can be managed with Wills and Powers of Attorney.
If you already have Wills and Powers of Attorney, over the years your circumstances may change. Your children become adults. You may separate from your spouse. Accordingly they should be reviewed every several years.