I am single and don’t have kids. If I haven’t named any beneficiaries and I die, who gets my money by default?

You’ve received several insightful answers about the typical beneficiary process if you do not have children or spouse. However, the point that you should consider is that you have a choice right now as to who will be a beneficiary to your estate. You don’t have to wonder if you simply do a bit of estate planning. If you don’t have an individual(s) in your life that you would like to name as a beneficiary, there are other solutions you can look into (such as donating to a charity or some other entity of your choosing). You can have the peace of mind that you deserve if you look into estate planning now.

If you’d like assistance with this legal endeavor, reach out to LawTrades. Our legal marketplace offers hand-selected attorneys that are well-versed in the finer details of estate planning. They can help create the legal document you need to outline what you want to happen with your money and assets. Our services are backed by a satisfaction guarantee and 24/7 customer support. Hope this helps (: