If you have completed your estate plan: GREAT JOB!!! You’re one step ahead of the curb. But creating a great plan isn’t where it ends. Just like you go each year for a checkup with your doctor, you should revisit the plan you created and make sure it still applies to your current lifestyle, family dynamic, and assets.
Creating a will and estate plan is a good first step in protecting the people closest to you and the assets you’ve worked so hard to accumulate. But even the best will can become obsolete over time or require modifications to best reflect your personal and financial goals.
Consider the many life events that can impact a will and other arrangements:
- moving to another state
- changes in the value of your assets
- a change in marital status
- birth of a grandchild
- a change in the real estate you own
- new tax laws
- changes in your charitable goals
If you need to update your will, there is no substitute for using a qualified attorney with estate planning experience in your state. A knowledgeable attorney can make sure that your revisions are properly recorded, which can reduce expenses and help heirs receive their inheritances sooner.
To schedule a consultation, please send us an email at email@example.com or call our office at 786–671–7829.