If you already have an estate plan, congratulations! You have taken a big step to protecting yourself and your family. However, many people make the unfortunate mistake of putting their estate plan in a drawer and forgetting about it. It is important to remember that an estate plan involves the most important things in your life: you and your family. Updating your estate plan is important as time goes by and life changes. We recommend meeting with your estate planning lawyer every few years to make sure that things are still working as you want them to work. We also strongly recommend meeting with your estate planning lawyer as soon as possible after some major life events:
* Birth of a child
* Adoption
* A child becomes a legal adult (over the age of 18)
* Marriage
* Remarriage
* Divorce or legal separation
* Retirement
* Death in the family / death of a person named as a fiduciary or beneficiary in your plan
* Name change
* Financial windfalls (lottery winnings, etc.)
* Inheritance
* Incapacitated parent
* Serious illness of you or a family member
* Special needs family member
* Call to duty
* Firearm owner
* Buy or sell a business
* Injury resulting in disability
* Early diagnosis of dementia/Alzheimer
* Moving from another state
* Estate plan not reviewed in 10+ years
* Pet lover
Updating your estate plan doesn’t need to be confusing or intimidating. We are here to help you through it.
If any of these situations apply to you, call Scottsdale estate planning lawyer Abigail Neal today at (480) 699-7992 for a complimentary estate plan review. Or, if you don’t yet have an estate plan, call us to get started on your plan and take a look at our estate plan packages.
