When creating an estate plan, you should consider implementing tools in your estate plan to minimize issues that may arise if your estate requires probate.
Your will may have been written years ago and might not reflect current circumstances. You could have acquired new accounts or property, experienced a birth or death in the family, left instructions that are vague or generic, or chosen a personal representative who is no longer fit to serve. An outdated or unclear will can spell trouble, making it important to identify—and address—issues that could lead to problems.
It is recommended that you update and review your estate plan every three to five years or whenever there is a significant life change or a law change. You cannot be too careful when stating your final wishes. For help drafting a will that avoids possible complications, contact us to schedule an appointment.
