Estate planning for singles is crucial for your long-term peace of mind. It lays out what you want to happen to your assets after death and during situations when you can’t make decisions. But if you've never married or were married a long time ago and have no children, don't assume estate planning is a breeze. It's not.
"People often think estate planning will be simpler in this situation, [but] it's a lot more complicated," said James C. Bartholomew, an estate planning attorney in Bend, Oregon. "That's why getting the right documents and plans in place is so important."
