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If you're single you still need an estate plan

When many Kent area residents think of estate planning they think of families. Although estate planning is important for families, it is also important for singles. Single people often have different issues than married couples but that makes estate planning, including wills, just as important.

When a single person passes away, the default in state laws may distribute assets to family members that were not the deceased intention. With an estate plan, a person has control over how their assets should be divided and they are able to appoint someone to manage the estate. It is also important for single people to have a power of attorney. If a person becomes incapacitated and unable to make medical decisions, a power of attorney can make sure their wishes are followed. If a power of attorney is not designated court proceedings would need to take place and a guardian appointed.

An estate planning attorney has the skills and knowledge needed to guide single people through the estate planning process. An attorney knows the ins and outs of all the different complications that can arise. They can help educate their clients on why estate planning is important and how it can help save a person money and allow them to have peace of mind.

Estate planning is just as important for single people as it is for couples. From end of life wishes to asset distribution, there are many important factors in an estate plan that everyone should have worked out before the unexpected occurs.

Source: Green Bay Press Gazette, "Singles need estate planning too," Carissa Giebel, Oct. 31, 2015

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To speak with an attorney at Gellner Law Group about estate planning, probate, trusts, wills or tax controversy, contact our law office in Kent, Washington, today. You can call 425-336-2908 or send us an email. We provide representation across the entire Seattle-Tacoma metropolitan area.

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