Weinstein & Randisi
Toll free:800-768-1780

Resize the Content Text

Single people also need to focus on estate planning

Estate planning largely revolves around creating wills and passing assets on to family members. Children and spouses are given money, investments, property and more. This makes single people often think they don't need to do any estate planning. After all, if you've never been married and you have no children, what would you put in your will?

The reality, though, is that estate planning is just as important -- if not more so -- for single people. If you don't have a will, the state could end up just taking all of your assets when you pass away. Is that really what you want?

The state will try to find your closest relatives. For example, you may have a brother or sister who have a claim or your parents may still be alive. The real issues come about if your parents have passed away before you and there are no other relatives to choose from.

So, what should you do with your assets? The choice is up to you. You may have a close friend who you think deserves them. You may want to leave your money to a charity or a school. You may want to set up a trust fund that can be used for some cause that you care about.

No matter what you pick, just know that the state is not going to do any of this for you. It's up to you to do the estate planning in advance so that your assets are distributed properly. If you haven't done this yet, it's a good idea to look into all of the necessary legal steps in New York.

Source: MarketWatch, "Estate planning for single people," Douglas Rothermich, July 25, 2015

No Comments

Leave a comment
Comment Information
  • I wanted to write to say how pleased my wife and I were at your professional handling of our estate planning and preparation of new wills. We were put at ease by your visit to our home for an interview and were pleased that you listened to us and captured the things that we felt were important.

    --Robert and Christine Simonson, Fairport
  • In order to finalize the documents we came to your office and were greeted in a very professional manner and we could not have asked for finer service. We left with copies of everything we needed and feel very confident our needs have been met. Thanks again. We will surely recommend you should the opportunity arise.

    — Christine and Robert Simonson, Fairport
  • I have been working with Weinstein & Randisi for about two years now. Elizabeth Randisi, through a very thorough process, has helped my wife and me determine what is really important in our lives. Thus, we were able to draft a living will that reflected our most important values regarding our estate.

    --David and Ajia Cherry, Fairport
  • I would like to give a testimony for Elizabeth Randisi, an estate attorney with Weinstein & Randisi. Her knowledge of wills and estate planning was clearly demonstrated in her presentation to us. Realizing our need for a will, my husband and I went to see Elizabeth.

    --Kathy and Gary Gray, Webster
  • Filing for Medicaid is never an easy or fun process. However, working with the Weinstein & Randisi firm made the process simple and streamlined. We were able to obtain all files and records regarding Medicaid enrollment within a few days using specially prepared checklists and verbiage recommended by our assigned paralegal.

    --Ajia and David Cherry, Fairport
Awarded Top 50 Estate Planning Blog
Email Us For a Response

How Can We Help You?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Blog Feed


Weinstein & Randisi - estate planning

290 Linden Oaks, Ste. 200
Rochester, NY 14625

Toll Free: 800-768-1780
Phone: 585-310-1578
Rochester Law Office Map


Call us now for a free, 100% confidential consultation: