Estate planning is often viewed as something only married couples or parents need to consider. However, single adults in New Jersey have just as much to gain from having a clear, legally sound plan in place. Without one, critical decisions about your health, finances, and estate could be made by the court — not by someone you trust.

Why Estate Planning Is Essential for Single Adults

When you’re single, there’s no automatic default decision-maker. If you were to become incapacitated, no one — not even your closest friend or sibling — can legally make medical or financial choices for you without prior authorization. Through estate planning, you can ensure your preferences are honored and your assets are distributed according to your wishes.

Key Estate Planning Documents for Single Individuals

1. Last Will and Testament – This document specifies how your assets should be distributed after your passing. Without a will, New Jersey’s intestacy laws determine who inherits your property, which might not align with your personal wishes.
2. Durable Power of Attorney – This allows someone you trust to manage your finances and legal matters if you become unable to do so.
3. Advance Healthcare Directive (Living Will) – This document outlines your medical care preferences and appoints someone to make healthcare decisions for you if you cannot communicate them yourself.
4. Beneficiary Designations – Retirement accounts, life insurance, and other financial products often pass directly to named beneficiaries. Keeping these up to date ensures your assets go where you intend.

Planning for the Future on Your Terms

Estate planning isn’t only about distributing assets — it’s about maintaining control and ensuring your affairs are handled by people you trust. Even if you don’t own much property, these legal tools protect your autonomy and provide clarity during difficult times.

At Juan C. Velasco, Esq., we can provide legal assistance to the New Jersey public. Whether you’re starting from scratch or updating existing documents, our firm can help you create an estate plan that reflects your values and secures your future.