Keeping your estate plan updated can be just as important as developing your estate plan. Here are some of the key reasons why you may need to update your plan.
» Change in net worth - such as newly acquired assets or creating a new business.
» Change in family situation - such as having children or grandchildren.
» Change in desired guardianship or healthcare wishes.
» Changes in the tax laws.
» Changes in your marital status.
» Move to a different state - different states have different laws.