Many people believe that estate planning is only for people who are married or have children. However, that is a harmful myth. Whether you have never been married, are divorced, or are currently married, planning is vitally important to ensure that your wishes are carried out.

If you’re single and pass away without determining your heirs, the court will inevitably make that decision. That’s why it’s imperative for single people to make a will or living trust that states who should receive their assets. According to an estate planning survey, approximately 26.7% of singles (who’ve never married) had a will in 2020.

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