Review of Estate Plan
Updating Your Estate Plan
Existing estate plans should be reviewed when the following happens:
- Marriage
- Divorced
- Loss of a primary beneficiary
- Serious falling out with an existing beneficiary
- Major change in your financial position
- Or, moving to another state.
A good estate planning attorney will plan for as much as possible in your documents, but it never hurts to have them reviewed every once in a while as laws do change, and these changing laws may affect your current plan over time.
You always want to make sure that your plan is current and that your attorney discusses how the probate process works and what alternatives are available.
Yes, You Can Lose Everything!
You may think that your wealth is safe and that you don't need protection. But don't delude yourself and accept reality — for every 60 minutes you spend making money, spend 60 seconds thinking about how to protect it!
