Solo Aging

How do I plan my estate if I'm aging alone without children or spouse?

Solo aging requires naming trusted friends, professionals, or organizations as your decision-makers and beneficiaries. Create a revocable living trust to avoid probate complications, designate healthcare and financial powers of attorney to people you trust, and consider naming a professional trustee or trust company if you lack close personal relationships. Document your wishes clearly since you won't have immediate family to interpret your intentions.