
How Should a Single Person Create an Estate Plan?
Estate planning for singles: make a will, draft a durable power-of-attorney, name an attorney-in-fact, and a health care proxy.

Estate planning for singles: make a will, draft a durable power-of-attorney, name an attorney-in-fact, and a health care proxy.

If you own any property at all, you probably know about estate planning. You can decide what happens to your assets after you die, of course.

Being married is significant both for a married person’s lifetime estate planning and subsequent administration of the estate at death. Important rights and responsibilities exist between married persons.

What happens if you are named an heir in an estate but you don’t want it? Does it go the person’s children if you reject the inheritance?

You can reduce stress and expenses for yourself and your family, if you develop an estate plan that includes these important documents.

Although there is considerable legal information and misinformation, it is generally understood that a last will and testament is the device used to distribute property after death. However, the why, how and when are less familiar.