Monday, April 20, 2009

Updating your Estate Plan


Timing is everything. Many people procrastinate getting their estate planning done. Even more people procrastinate in updating their estate plan. It is just as important to update your plan as it is to have one in the first place. The reason is that our circumstances change and our plan should reflect those changed circumstances.

There are many reasons that you might need to revisit your plan. These reasons include the birth of a child; the death, illness or incapacity of a loved one; moving to another state; receiving an inheritance or another significant financial change; divorce; marriage; and, change in the laws. I always tell my clients that generational wealth is not about luck. It is about planning and implementation.

Make a difference in the future of your children and grandchildren by reviewing your estate plan. If you need to make a change, call our office for an appointment.

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