Omaha Estate Planning Maintenance Services

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:”

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.

Resources

• Blog: How Often Do You Update Your Estate Plan? It Should Be More Often Than Your Resume!
• Blog: Which Life Events Require an Immediate Estate Plan Update?
• Blog: Is Your Estate Plan as Stale as Last Week’s Ham Sandwich? 5 Reasons to Update Your Estate Plan
• E-Book: Estate Planning Deficiencies Check-Up
• Podcast: When Do You Need To Start Or Update Your Estate Plan?
• Video: Updating Your Estate Plan

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.