Top 5 Estate Planning Strategies for Those without Children or Heir


When you hear the word estate planning, the only idea that crosses your mind is how your children or spouse will survive when you die. But what happens when you don’t have a child or spouse? Here is the deal; although burdensome, make sure you settle your matters by preparing the necessary documents such as your will. Interestingly, nobody can tell whether they will be alive for the next 40 years, or gone tomorrow. So get up and plan right now!

Think of the following estate planning moves:

Establish a will – The will includes details like how you want your estate handled when you die, what should happen in your funeral, and where your assets should go. Have a list of all account details linking to all your investments or loans. You should do some estate planning in Texas to ensure that, after your death, your wishes are followed. … Read more