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No Children? Why You Still Need an Estate Plan

September 3, 2019

From the Kiplinger website

Someone has to inherit your assets, and if you don’t decide, state laws will do it for you. That means your awful Great Uncle Ed may inherit, while your beloved cousin Mary may get nothing. That’s only one reason to get busy.

Estate planning is an extremely personal process, not a one-size-fits-all endeavor. When an individual has no close relatives (other than perhaps a spouse), the decisions required to prepare an estate plan can sometimes feel overwhelming. Over the years, I have observed this struggle firsthand, causing some individuals to take years to complete their estate plan, or worse yet, not finish it at all.

Here are some considerations if you find yourself struggling:

From → Finance

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