My name is Danielle Diaz. One of the things I've learned in life, both inside and outside the courtroom, is that it is important to not see others as your enemy. Even though you may see the prosecutor as your enemy, he or she is just trying to do a job. It may be possible that you can get a prosecutor or the judge to be sympathetic and get him or her on your side. In order to accomplish this, you need to understand the law. I feel that most individuals do not understand the law, which is why I was motivated to create this blog.
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Why Estate Planning Is Still Important When You Are Single With No Children
Douglas Thompson
When most people think about estate planning and drafting a will, they think about people with families including a spouse (and possibly former spouses) as well as children. However, the reality is that not everyone is married or has children, and this does not preclude a person from needing to hire an estate planning attorney and making plans in case of death or medical emergency. Get to know some of the reasons why you still need to make estate planning a priority even when you are single with no children. Then you can be sure that you schedule a consultation with an estate planning attorney as soon as possible.
You May Become Incapacitated
Life is not predictable and can throw curve balls at you at any given moment. These curve balls can include accidents, other injuries, or illnesses that can cause you to become incapacitated in some way. Part of planning your estate is planning for such events.
Because you do not have a spouse or children to handle your affairs and medically advocate for you, you will need to specifically designate someone to do so. Establishing a medical power of attorney means that if you develop a form of dementia or have an injury that causes you to be unable to make decisions for yourself, you will get the medical care and treatment you want/need in times of crisis. The person you choose should also be informed ahead of time so that they can be prepared ahead of time and so that they know your wishes.
You Want To Be Sure Your Possessions And Wealth Are Properly Taken Care Of
You spent your life accumulating your possessions, wealth, mementos, and the like. After you are gone, you do not want those things disregarded or improperly handled and distributed. If you have an extended family, you also want to be sure that they do not end up having the responsibility of dividing up your assets and making all of the decisions. This can cause arguments and hard feelings among your loved ones.
Instead, take the decision-making process into your own hands and work with an estate planning attorney to determine what you want to do with your property and assets. If you have close friends, or family members you are particularly close with, you may want to bequeath certain items or financial assets to them.
You may also prefer to donate your financial assets and/or your home to certain charities or institutions that could put it to good use. The point is that by planning your estate, you will have legal control over your property and wealth so that your legacy is protected after you are gone. The fact that you are unmarried and do not have children only further enhances the need to plan ahead.
Now that you know a few of the reasons why estate planning is still important even when you are single with no children, you can be sure that you schedule your appointment with an estate planning attorney as soon as possible to get the process started.
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