Creating a Will or Trust is an important step toward making estate administration easier on your loved ones when you die. Of course, it will also help ensure your goals will be met and your wishes carried out. Pat yourself on the back for completing your estate plan. However, don’t make the mistake of finishing your estate planning and checking it off your list permanently.
A well-crafted estate plan will include some flexibility and cover certain contingencies, so you should not need to rush to get your documents updated immediately. However, there are still several life events that, when they occur, should have you contacting your estate planning attorney to review and possibly update your documents. These include the following:
If any of the above situations apply to you, or if it has been more than five years since you reviewed your Will or Trust, contact The Estate Planning & Legacy Law Center today! We can help you make sure your plan is still designed to do what you want it to do – no matter what life throws your way.