Many people assume that they only need an estate planning attorney if they have children who they would leave their property and assets. However, even people without heirs can benefit from estate planning as they prepare for the future. If you don’t have children, here are a few things to consider when estate planning.

What to Consider for Your Estate Plan If You Don’t Have Kids

1. Select Beneficiaries

Think about your extended family and consider gifting your inheritance to a sibling who’s saving for a down payment or cousin with several kids going to college. You can also consider supporting close friends who might be following their dream and starting their own business. This is a wonderful way to care for your loved ones and continue to be part of their lives. Planning and establishing a legacy now can be rewarding in itself.

2. Choose a Guardian for Your Pet

Make sure your pet is well cared for by designating a guardian in your will. Consider who your pet gets along with and ask them in advance before giving their name to your estate planning attorney. The person you choose should have a schedule that allows them to spend adequate time with your pet and to give them the attention your pet needs and wants.  A Pet Trust could provide the financial support to pay for emergency care, regular veterinary visits, food, toys, treats and basic supplies. Other factors to think about are yard space, young children, and other pets as these aspects could make the transition difficult for your animal and new guardian, caretaker, or adoptive owner.

3. Donate to Charity

You don’t have to bestow everything to family or friends, you can opt to donate a portion or all of your inheritance to charity. If this option feels right to you, think about causes and organizations close to your heart, like the soup kitchen you volunteered at as a child. This is an ideal choice for those who want to serve others and make an impact on their community.

If you’d like the help of an estate planning attorney to get your affairs in order, contact the Law Office of Dawn N. Murata LLLC, in Lihue, Hawaii. For over 20 years, Dawn N. Murata and her team have assisted clients with trusts and wills, probate, and business matters. Call (808) 245-4572 to request a consultation with attorney Dawn Murata, or learn more about her services online.