Did you know that your Will or estate plan should be reviewed periodically?
One of the frequent questions people ask me, is how often they should review their Will or estate plan? This is a great question!
Any Will or estate plan should always be reviewed periodically. There is no special rule for how often, but here are some useful tips you can follow:
1. Plan on reviewing your Will or plan with your attorney every 15 months.
2. If a significant event occurs in your life or family, schedule a review meeting.
3. If a significant financial event occurs in your life, schedule a review meeting.
4. If you take your plan out and read it and find you don't like something there any longer, schedule a review meeting.
If you follow these tips, you will keep your Will and estate plan current. If you have specific questions on this or any of our topics, please give me a call or drop me an email. Thank you.
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