Is It Time To Update Your Estate Plan?
Many people think of estate planning as a life event. You spend some time with your estate planning attorney and talk about your goals, plans, dreams, and fears for the future. Then your attorney helps you decide exactly what form your estate plan should take, draws up all the right paperwork for you to sign, and voila! Your estate plan is “finished.”
Reality is not quite that simple. Estate planning is more of a process than an event. Putting together an initial plan is the essential first step, but life and laws keep changing after you put your estate plan in place. Therefore, you need periodic estate planning reviews and updates to keep pace with the changes going on around you.
