If you’ve ever wondered why it’s so important to update your estate plan regularly, you aren’t alone. Estate planning attorneys are frequently asked why this particular habit is emphasized so heavily. There are a number of reasons, all of which are enough on their own to warrant making checking in on your estate plan a habit throughout your life. Taken as a whole, they make the development of this particular good habit of vital importance.
Almost more important than any of the practical reasons that make updating your estate plan regularly a good idea is the fact that when change comes, it often comes unexpectedly and sometimes, it comes like an earthquake shaking everything that’s not tied down and drawing everyone’s attention. During these times of upheaval, it is best to already have an estate plan that has been updated recently so it is there; dependable and secure. A regularly updated estate plan provides families with safety and stability during times of turmoil.
Frequent reviews and updates ensure that your estate plan keeps up with overwhelming changes and functions as you intend. Protect yourself, your spouse, your children and the rest of your loved ones during times of change and upheaval. Contact Dolen, Tucker, Tierney & Abraham, our estate planning and asset protection attorneys are well equipped with both the knowledge and the experience you want on your side.