Tuesday, July 12, 2011

Have you moved to another state recently?

Peopele often ask me when should they update their estate planning documents. First, I do congratulate them for having done a Will and other estate planning. Just as important as making a Will, is to make sure to keep that Will up to date.

So, one trigger to remind you to update your documents is when you move to another state. Your Will is governed by the state where you live. Each state will recognize a Will made in another state,. However, it is important that it is reviewed by a lawyer when you move. You want to make sure there are no ambiguities that could be problematic upon death. There may be other important documents to consider in your new state. Should you have a Trust, Powers of Attorney or iving Will. What may not have been important in one state, like the need to have a Trust, may be very important in your new state.

Contact us at http://www.ythlaw.com/ for your probate, estate planning and elder law needs.

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