New York Estate Planning & Elder Law Blog
Estate planning for families is important. It allows a person to plan for the care and wellbeing of their family members and loved ones long after they have passed. What about people who do not have families to consider? More and more people are staying unmarried; according to the U.S. Census Bureau, 45% of adults were unmarried in 2012. Many adults are also childless, either voluntarily or involuntarily. These lifestyle choices do not, however, mean that estate planning is any less necessary.
Planning for Your Self
Estate planning isn’t just about planning for the distribution of your assets after your passing. It is also the only way to ensure that your wishes are carried out when it comes to medical care, end of life procedures, and funeral plans.