When to Update Your Estate Plans
Estate planning is a critical aspect of financial and personal well-being. However, it's not a set-it-and-forget-it endeavor. The circumstances of your life, the laws, and your financial situation can change over time, necessitating periodic reviews and updates of your estate plans. In this article, we will explore the key factors that determine when and why you should update your estate plans. Regular Review After you have created estate plans, it is a good idea to review them at least every three to five years to ensure they still fit your situation. This review will remind you of what you included…
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