10 Things You Should Know About Estate Planning for Singles

There are different estate planning methods to follow when you are single.

The words "Last Will and Testament" on an estate planning document.
(Image credit: Future)

An estate plan 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 cake walk. It’s not. 

“People often think estate planning will be simpler in this situation, [but] it’s a lot more complicated,” says James C. Bartholomew, an estate planning attorney in Bend, Ore. “That’s why getting the right documents and plans in place is so important.”

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David Rodeck
Contributing Writer, Kiplinger's Retirement Report