Estate Planning Beyond Traditional Family
This is an interesting article by Rick Kahler regarding Estate Planning for those without traditional families.
One of the reasons so many of us procrastinate when it comes to estate planning is a reluctance to think about death and dying. Another reason that may be even stronger is the need to make decisions. It’s not so hard to make an appointment with an attorney to draft a will. It’s much harder to decide what the provisions of that will should be.No wonder so many people take the simple approach of “leave everything to my spouse and kids.” That works perfectly well for many families. It’s also pretty much what the probate code provides for if someone dies intestate.But what if you don’t have a spouse or kids?