When You Should Update Your Will

You should update your Will and Estate Planning where the following occurs:
• Your Will is older than three years old
• You get married or divorced
• A baby (or grandchild) is born or adopted
• A beneficiary in your Will has deceased
• You would like to name different guardians, personal representatives, or trustees
• Your children reach the age of eighteen (establish a trust)
• A substantial increase or decrease in the value of your estate occurs
• You acquire or sell a significant asset (practice sale)
• You move to another state
• Tax laws have changed since your Will was written