A will or an estate plan is important for most individuals to have. But unfortunately, it is considered an afterthought for many people. Surprisingly, the majority of American adults do not have a will. If tragedy were to strike, this could create a variety of unwanted outcomes. For example, the death of both parents in an accident can leave their children’s fate up to a judge. Assets in a blended family may not end up being distributed the way you would like. And furthermore, if one is in an accident and incapacitated but not killed, decisions made about your medical care may not be ideal. Estate planning can save you from all these unfortunate circumstances. Everyone should do some basic estate planning — regardless of their personal income level. A Will or Estate Plan is Important Even for Unmarried or Single People If tragedy befalls you and you die without a will, then state law determines who gets your assets. For those who are single and childless, that