Becoming a single mom comes with a lot of responsibilities and decisions you never expected to face on your own. Between balancing work, parenting, and everyday life, it’s easy to put estate planning on the back burner. But this is actually one of the most important steps you can take to protect your children and give yourself peace of mind.

Estate planning is not just something for the wealthy or the elderly. It’s for anyone who wants to make sure their wishes are respected and their children are cared for in the way they would choose. If you are newly single, here are a few things you should know.

You need a will

One of the first things you should have in place is a will. This document allows you to name a guardian for your children in case something happens to you. It also lets you say who should receive your assets and how they should be managed. Without a will, the court will make those decisions for you, and the outcome might not reflect your wishes.

Consider setting up a trust

If your children are still minors, a trust can help manage the money or property you leave behind until they are old enough to handle it on their own. A trust gives you the ability to decide who will manage the money and when your children will receive it. This can prevent problems down the road and ensure your children are supported in a thoughtful and responsible way.

Review your beneficiary designations

Some assets, like life insurance policies or retirement accounts, are passed directly to the people you name as beneficiaries. These designations override what is written in your will, so it is important to review them after a separation or divorce. Make sure your ex is not listed unless that is still your intention. For younger children, you may want to name the trust you create as the beneficiary instead of naming the child directly.

Choose the right people to help if something happens

Part of estate planning is choosing trusted individuals who can step in if you are no longer able to make decisions. This includes someone to handle your finances, someone to make medical decisions on your behalf, and someone to take care of your children. Think about the people in your life who are responsible and aligned with your values, and talk to them about taking on these roles.

Think about life insurance

If you are the primary financial support for your children, a life insurance policy can be a critical part of your estate plan. It can help cover everyday living expenses, childcare, and education costs. Term life insurance is often very affordable and can offer a safety net that gives you peace of mind.

Talk to someone who understands your situation

Every family is different, and a good estate planning attorney will take the time to understand your specific circumstances. Whether your situation involves shared custody, special needs, or complex assets, having a professional guide you through the process can make all the difference.

Final thoughts

As a newly single mom, you are already doing so much. Estate planning may not feel urgent, but it is one of the best ways to protect your children and yourself. You do not have to tackle everything at once, but taking that first step is a powerful move toward building a more secure future.

If you’re ready to get started or just want to ask a few questions, we’re here to help. Contact Mulinazzi Law Office at 443-283-7820 to schedule a consultation. We’ll walk you through your options and help you create a plan that works for you and your family.

Your peace of mind is just a phone call away.