By Lane V. Erickson, Idaho Estate Planning Attorney
Having practiced Idaho estate planning law now for nearly 20 years I am passionate about my belief that everyone needs a good estate plan. Whether you are young or old, whether you are married or single, and whether you have heirs or not, Idaho estate planning includes far more than just a plan for giving away your money, property, and assets to someone else. Rather, the entire focus and goal of estate planning is to do two specific things for you: (1) protect you while you are alive; and (2) provide a plan for you to distribute your belongings to someone else after you die.
While it’s not common, every once in a while, I do have a client tell me that they have no heirs. Based on this these clients believe that there really is no purpose to their getting their own personal estate planning done. Here are the three reasons I tell people that they should still get their estate planning done even when they have no heirs.