When Do I Need to Update My Will?

Recently Divorced? Time to update your will…

Elder Law Update


When I began publishing this blog, an important goal was to educate the community on those issues my clients often raise, and this is definitely one of those:  When do I need to update my will?

This list is not all-inclusive, but includes some of the more common events that would require a review and possible revision of your estate planning documents (i.e. wills, trusts, financial power of attorney document(s) and/or health care directives):

1.   Birth of a child

2.   Marriage or Divorce

3.   Death of a beneficiary

4.   Significant change in personal wealth or purchase of a life insurance policy

5.   Change in applicable law (tax, trust, will, medical decision-making, etc)

6.   Moving from out-of-state

7.   Significant health issues of the testator (that is, the person who made the will) or a beneficiary, especially if it involves assisted living or skilled nursing…

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