I do not have close relatives, do I need an Estate Plan?
If you pass without an estate plan and have no close relatives, important decisions regarding your assets or final arrangements could be left up to distant family or even the Commonwealth. Creating an estate plan is the best way to ensure your wishes are honored by someone you know and trust.
Under Pennsylvania law, a strict hierarchy determines who inherits a person’s assets starting with a spouse and children, then parents, siblings, extended family, and ultimately the state if no relatives exist. If you’d prefer to leave your assets to a friend or charity, a Last Will and Testament is essential. This legal document allows you to choose how your assets are distributed and who is responsible for carrying out your final wishes.
There are other documents to consider in making an estate plan, ones that can ensure you receive certain care if you become incapacitated or appoint someone to make your funeral or burial arrangements.
If you would like to get started on making an estate plan, contact our office to set-up and appointment. Our Attorneys can guide you through making an estate plan that fits your needs.