Many people update their estate plan every three to five years. But did you know there are other reasons to update yours more frequently? You should review your estate plan when you or your loved ones have a birth, marriage, divorce, or death.
Attorney Randy Doane of Doane & Doane says:
“It’s also important to keep an eye out for the newspaper. Whenever there’s a tax law change, you should ask if your estate plan now complies. Plus, every time there’s a major life event, that’s the trigger to make certain that it’s up to date with your circumstances.”
Life happens to everyone, so if there has been a change in yours, it’s a great time to review and update your estate plan with a professional. Whether your goals involve estate planning, tax planning, guardianship, or even a pet trust, the experienced attorneys at Doane and Doane can assist you every step of the way.