Why and How to Create a Will as a Single

When you don’t prepare a will, your estate could become property of the state. You should create a will as a single to ensure your estate is distributed the way you want. Common aspects of one’s estate that many singles forget are their pets and digital assets. You want to make sure your pets find a loving home and your digital assets are handled in the way you want. A will is essential for all people regardless of marital status and wealth.

You Don’t Need to Be Rich to Create a Will

Some people make the mistake of not writing a will because they don’t have a lot of assets or a high net worth. However, you may still want some of your belongings to go to a specific person. Maybe you want your electronics to go to your son, or you want to leave your book collection with your best friend. In a will, you can also outline important information in taking care of your pets.

What to Consider When You Create a Will as a Single

To create a will as a single, you need to name an executor and plan how you want your assets or any important belongings distributed. If you have a business, remember to clarify what you want done with it after your death. Choose who you want to take care of your kids. In Nevada, your will needs to be signed by two witnesses who don’t receive benefits from your will. Examples of digital assets you can include in your will are loyalty points, airline miles, cryptocurrency, music library, picture library, video library and self-published books.

An estate planning attorney in Las Vegas can help you correctly write a will and remind you of any important things to clarify that may not have crossed your mind. You are able to modify your will as circumstances change as well, so you don’t need to worry about it being set in stone.