Making Sure Our Clients’ Estate Plans Are Up to Date
Your estate plan should be a fluid document that continues to be updated
throughout your life. As your life changes, so should your estate plan.
If you take a moment to think of all the changes in your life since you
first drafted your estate plan, you will probably realize that a lot has
changed since you signed your will, trust, and other estate planning documents.
In general, you should update your estate plan every three years. But if
something has changed that affects you or your beneficiaries, your estate
plan needs be updated and amended to reflect that change. Our highly skilled
and knowledgeable legal team at Goosmann Law Firm, can help protect what
you’ve worked hard for.
Our Diligent Team Will Ensure Your Estate Plan Is Properly Updated
When it’s time to update your plan, you need make sure you cover
the “Five Ds of Estate Planning:”
Descendants: With minor children, it’s imperative that guardianship is updated
and addressed in your estate plan. Did you recently have a child, or have
all your children grown since the last time you updated your plan? These
are items that we look at when keeping your plan up to date.
Disability: Do you, your spouse, or children have a disability or new diagnosis of
an illness? We understand the emotional and physical challenges you and
your family may be going through. We are here to help ensure you and your
family are protected and prepared for various contingencies.
Death: Has there been a recent death in your family? Whether that’s your
spouse/partner or children, these are difficult times, and one of the
last things you may be thinking about is your estate plan. Keeping your
plan current is important and will cause less pain and heartache for beneficiaries
in the future, without a legal battle or probate of your estate.
Divorce/marriage: Have you recently gotten married or divorced? This significant life event
will need to be updated on your plan to address assets and beneficiaries.
Dated: Is your plan three years old or older? If so, it’s probably time
to make an update. What life events have happened in the last three years?
Have your personal or financial goals changed? Is your health the same?
Do you have new additions or changes to your family? Do you have additional
assets you need to protect? Chances are a lot has changed for you or your
family — let’s make sure nothing is left out and that your
wealth, legacy, and privacy are protected.
Reach out to us to get your estate planning review on the calendar. Give
us a call at
(855) 909-4442 or
fill out our online form to set up a consultation and get more information about our pricing and
the other estate planning services we offer at Goosmann Law Firm.