Is Your Will Out of Date?

When’s the last time you looked at your will?

Estate planning is rarely anyone’s top priority. And once you’ve executed a will, it can be easy to check it off your to-do list and forget about it. However, we usually recommend that clients review their wills at least every five years because situations and circumstances may have changed.

For example, perhaps when you executed your will, you named your childless brother as the guardian for your children - but now he has three young children of his own. Or, maybe your mother-in-law was named as the executor but has now passed away.

Not every change in circumstance requires a new will to be completed. For example, many wills treat all children equally - regardless of whether they were born (or adopted) before or after the will is executed. Likewise, a will typically does not become invalid just because you move to a different state.

It’s important to complete a will - but just because you have, don’t forget to review it on a regular basis. If your documents need to be revised, feel free to contact our office today.