Will, Trusts, & Estate Plans should be reviewed at least every 3 years or sooner if you have a major life occurrence in the family (i.e. death, birth, marriage, divorce, critical illness, etc.).
Your life changes and your plan needs to change with you. There are four things your Will & Trust attorney will never know:
- When you’ll die
- What you’ll own when you die
- What your family dynamics will be when you die
- What the law will be when you die
Although your plan should be flexible to accommodate different scenarios, your plan needs to change over time as your circumstances change.