Your estate plan is not a document that you should set and then forget. It is meant to be a living plan that grows and changes alongside your life. Most legal experts recommend having a professional review your documents every few years to ensure they are still accurate. You should also consider an immediate update after any major life event such as a marriage, a divorce, or the birth of a new child. Moving to a different state or experiencing a significant change in your financial situation are also important reasons to make sure your legal plans are still up to date with current laws.
When should you update your estate plan?
