Saturday, October 1, 2016

What if I don't have kids?

Estate planning for individuals who either can't or have chosen not to marry or have children poses some unique questions.

In my practice, clients often choose to leave their estate to siblings or nieces and/or nephews or to charity.  There is no wrong answer so long as the client is comfortable with the eventual plan.  The New York Times recent published an article addressing this issue:  Estate Planning for the Never-Married.

While NYT is specifically focusing on individuals who have never-married, the questions are very similar for families comprised of two spouses.  In encourage you to click through and think through the issues raised in this timely article.

As always, feel free to contact my office should you have any questions or would like to discuss further.

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