Estate Plan Reviews
Why Should I Review My Estate Plan
When you completed your estate plan, you most likely felt relief and confidence that all was in place for your loved ones. However, time marches on. Just as your life changes, your trust needs to change to fit your new circumstances. The little ones who were on your lap when you first set up your trust, may have little ones of their own now. The assets you own likely have multiplied or increased in value. The people you listed as executors or trustees may no longer be able to aid you and family dynamics may have changed. It is important to note that most older trust documents fail to reflect changed tax law. Older trusts may also not provide incapacity planning or planning for beneficiaries on government benefits.
Estate planning laws regularly change requiring plans to be updated. Regular reviews of your plan are essential to make sure your assets are passed down in a smooth tax-efficient manner and that your wishes are honored.
Schedule a Review Today
You have already taken important steps to plan and provide for those you care for. You have a plan and legal documents in place. Let us review your estate planning documents with you to ensure they reflect your current circumstances and still meet your needs. An estate plan review can give you peace of mind and can provide security for your loved ones.
