When Should You Update Your Estate Plan?

Too often people set up an estate plan and then think they can forget about it. However, as your life evolves, your estate plan should too. While certain events are obvious that a change is necessary such as change in marital status or the purchase of a new home, other events might not be as clear.

First and foremost, it is important to note that an update to your estate plan doesn’t have to be triggered by a large event at all. In fact, it should just be a regular check in with your estate planning lawyer every year or so. Reviewing your assets on a yearly basis can save your family from large amounts of grief and give you some peace of mind.

At Roberts Law, we will review any major events in your life such as the birth of a new child, new or sold property, a child becoming an adult, or the loss of a family member. Furthermore we can dive into more of the intricacies of your assets to ensure any cash or investment assets are allocated properly in the event of your passing or inability to handle your own affairs.

While estate planning may seem daunting, Richard Roberts provides a personal touch to estate law in the Ketchum and Sun Valley areas. Give Roberts Law, PLLC a call today to set up your complimentary consultation and determine what your next steps forward may be for creating a comprehensive estate plan.

Leave a Reply

Your email address will not be published. Required fields are marked *


Estate Planning Family Law


, , ,