Estate planning should not be viewed as a one and done affair. When you put an original estate plan in place, it will be based on a snapshot of your life at that time. The only constant is change, so it is very likely that your plan will need to be revised over the years. Let’s look at some of the events that can make estate plan adjustments necessary. Marriage When you are young and single, you should have a basic estate plan in place even if you have limited resources. The plan would … [Read more...] about Estate Plan Revisions May Be Necessary
estate plan revisions
They say that time flies, and 2013 is now behind us. As you turn the page and enter a new year, you may be revisiting some of the things on your to-do list that you have been procrastinating about. With this in mind, have you looked at your estate plan in a while? Ongoing Process Estate planning should be seen as an ongoing process rather than a one-time event. Imagine putting a financial plan in place the day that you start at your first career position. This is actually a good idea, but you … [Read more...] about Does Your Estate Plan Need an Update in 2014?