Mercer Advisors
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Question

Who should I name as my healthcare proxy and financial power of attorney if I have no spouse?

Answer

A trusted adult — a sibling, adult child, close friend, or professional fiduciary — can serve in either role. Whoever you choose should understand your values, be comfortable acting under pressure, and ideally not have a large stake in your estate, to minimize potential conflicts of interest.

Related FAQs

How should a single woman over 50 approach long-term care planning?

How much do single women need to retire comfortably?

What should I look for in a financial advisor as a single woman over 50?
Women & Wealth Financial Planning Retirement Planning Social Security Long-Term Care Widows Living in Retirement Protecting Your Legacy Single Women Women Business Owners Primary Breadwinners FAQs
Last Updated July 27, 2026
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Further Learning

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Illinois Estate Tax: What High-Net-Worth Families Need To Know

Illinois’ $4 million estate tax exemption, far below the $15 million federal threshold, can expose high-net-worth families to unexpected state tax bills without proactive planning.

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About Mercer Advisors

We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.

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