Contact Tralle Law
612-787-2553 claire (AT) trallelaw.com

Coffee with Claire #30 – Commonly Asked Questions Blog Series

October 4, 2018

Why would a single person need an estate plan?

Writer’s note: This blog series is meant to act as responses to “quick” questions you may have for attorneys.  Think of these answers as a “quick” answer you might receive over coffee from your friendly neighborhood attorney.

 

Why would a single person (without kids) need an estate plan?  Well, for a variety of reasons, including, but not limited to:

• They don’t want who the state to decide who gets their stuff or to have their stuff.
  
  
  
  • In Minnesota, we look to Stat. §524.2-103 we would see that if they’re not married, nor have any children, their stuff would go to their parents, then their siblings. Maybe you want your money or assets or property to go to a different individual or charity.  That’s a reason to get an estate plan.
  
  
  
  


• If you’re not married, you don’t have an “automatic” person doctors, financial people, or the state will turn to, to receive answers on your behalf.
  
  
  
  • If you’re in a relationship but not married to someone, you need an estate plan to appoint them as your “automatic” person.
  
  
  
  


• Maybe you don’t need a Will, because you’re ok with your parents or siblings receiving your estate. BUT chances are you still need a Power of Attorney and Health Care Directive.
  
  
  
  • My firm does not “oversell” services to achieve a greater profit. If you don’t need a Will, I’m not going to sell you a Will.
  
  
  
  

You can always call to set up an initial phone call to see what you may need.  Truth be told, I HAVE told people they don’t need various documents even when they call asking for them.  I’ll give you my best advice, for my best price.

If you have questions about estate planning, please contact Claire Tralle to set up a free initial telephone call.

 

The information in the Coffee with Claire series are intended to provide information only.  No legal advice is being provided or implied via this blog post.  No attorney-client relationship is formed by providing this information.  An attorney-client relationship with Tralle Law, LLC is formed only after a retainer contact is signed by all parties.