Estate Planning: When to Review and Update
There are few guarantees in life, but one thing that’s for certain is that life is constantly changing. It’s full of surprises, both expected and unexpected.
When it comes to estate planning
, creating a comprehensive plan is important, and most people feel a sense of well-being and peace knowing that their estate is taken care of and their loved ones are protected. Just because you have an estate plan, however, doesn’t mean you should throw it in a drawer or filing cabinet and forget about it. You should review it periodically to make sure it’s still accurate. There are also several life events that should prompt an estate plan review.
– divorce is one of the primary reasons you should review your estate plan. You will want to update...