The Importance of Estate Planning for Single People in Washington State

Estate planning is often thought of as something reserved for married couples or the wealthy, but its importance extends far beyond these groups. For single individuals in Washington State, proactively planning for the future can be even more crucial than for married couples. Default state laws may not align with your wishes, making it essential for single people to take control of their estate planning now.  

Specific Considerations for Single Individuals in Washington State 

In Washington State, single people who don’t have current estate plans should ask: 

- If I die without a will, who will get my stuff under the laws of intestate succession?   If you pass away without a will (intestate), Washington State law dictates how your assets will be distributed. This may not align with your wishes, especially if you want to leave assets to friends, unmarried partners, charitable causes, or even your beloved fur baby. 

- If I were to get into an accident or become ill and be unable to make healthcare decisions for myself, who would make healthcare decisions for me?  Without a healthcare power of attorney, you may end up the subject of a cumbersome court proceeding called a guardianship.  A guardianship proceeding involves a judge and multiple strangers deciding and recommending who will make your healthcare decisions for you, with little to no input from you.  Decisions regarding your medical care may fall to people who may not share your beliefs or wishes. A healthcare power of attorney and a health care directive ensure that your preferences are honored. 

- Will my estate be subject to probate and estate taxes? Proper estate planning can help minimize probate costs and taxes, ensuring that more of your assets are preserved for your chosen beneficiaries rather than depleted by legal fees or unnecessary taxes. 

 The Benefits of Planning Ahead 

For single individuals, estate planning is not just about distributing assets—it's about maintaining control over your healthcare and your finances, protecting loved ones, and ensuring that your wishes are respected. By taking the time to create a comprehensive estate plan, you can: 

- Avoid Family Disputes: Clear instructions reduce the likelihood of disagreements among family members about your intentions. 

- Make things easier for your loved ones: The more proactive and organized you are, the less work and burden for your loved ones. 

- Protect Dependents and Loved Ones: If you have dependents, pets, or individuals who rely on you financially, estate planning allows you to provide for their future care. 

- Support Charitable Causes: If philanthropy is important to you, estate planning enables you to leave a legacy by supporting charitable organizations or causes that you care about. 

- Take charge of your health care and your finances: Ensure that if you’re ever unable to manage your own health care and finances, a trusted person of your choosing will take over. 

Getting Started  

Estate planning is a vital tool for all adults, especially single individuals in Washington State. It empowers you to control your future, protect your loved ones, and ensure that your values endure beyond your lifetime.  At Wysocki Law, we can help you navigate the complexities of state laws, ensure that your documents are legally valid, and tailor your plan to meet your unique needs and wishes.