15 Reasons to Update Your Estate Plan

Here are some reasons and indicators that you may need to update your estate plan:

  1. Name a different successor trustee
  2. Name a different guardian
  3. Name a different healthcare representative
  4. Name a different agent as power of attorney
  5. Title new assets in your living trust
  6. Update beneficiary designations for IRA’s, 401(k)’s, life insurance policies and annuities
  7. Modify distributions to children
  8. Modify specific distributions to individuals
  9. Modify charitable distributions
  10. Review death tax provisions
  11. Divorce
  12. Remarriage
  13. Additional children
  14. Death
  15. Just to see your attorney