Estate Planning Weekly

Unlike the Showtime Rotisserie, Estate Plans are not "Set It & Forget It." These are 4 times when you need to consider updating your Estate Plan. ONE - Changes To Your Family Did you have your first child or grandchild? Did you get married or divorced? You get the idea; anytime there are additions or subtractions from your family could mean it's time for an Estate Plan Update. As your family changes, so should your Estate Plan. Sometimes this can happen in interesting ways. I recently worked with a client that had disinherited a daughter in her old Estate Plan. That old plan also disinherited her daughter's children which hadn't been born yet. My client was happy to find out that we could update her Estate Plan to include her daughter's children as heirs while still disinheriting the daughter.  TWO - Changes To Your Wealth What may have work when you didn't have much in the way of assets might not work now.  You've worked hard and accumulated some assets. Now it's time to make sure that your old estate pl