Estate Planning: Is Yours up to Date?

By Dan Campbell, Attorney

As I write this article, the Boy Scout motto “be prepared” comes to mind. These “gifts” while they might not give you a warm, fuzzy feeling, can make a huge difference in the lives of your loved ones. Make sure that your will (or revocable “living” trust) is up-to-date.

How often should one review his or her will (or revocable trust)? I recommend every three years, but more often if there is a significant life change: a marriage, a birth, a divorce, a death, or a beneficiary who potentially needs extra consideration.

To read more, pick up a copy of the March/April issue of LiveIt magazine.