Wills aren’t just for people who have spouses or children. Even if you’re single, a will can help your loved ones settle your estate. And it’s not just about money either. A will can provide instructions for who will care for a pet; it can list recipients for items of sentimental value, like family photos or diaries. Your will can even help you leave a legacy, if there’s an organization to which you’d like to leave funds.
If your finances are fairly simple, it can cost between $1,000 and $2,000 to have a will drawn up by an attorney. If you’re short on cash, you can go the assisted-DIY route online through legal service platforms which cost significantly less.