Do Singles Need Estate Planning?

Do Singles Need Estate Planning?
Anyone can benefit by having a will, but singles often need help understanding the impact. Shutterstock
Mike Valles
Updated:
0:00

If you are single and do not have a lot of assets, why is it recommended that you create a will? Anyone can benefit by having a will, but singles often need help understanding the impact it could have on your assets and future health.

Since you are single or unmarried, you may not have any children to give your assets to when you pass. Without a will (i.e., intestate), the court decides for you where they go and to whom.

Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.