A good rule of thumb is to review your important legal documents every three years or so.
It is important to revisit your will, and even consider revising it if:
- You marry or divorce
- You welcome a baby to the family
- Someone you named in your will passes away
- Your children, grandchildren and other heirs reach adulthood
- You are considering a change in your executor, a guardian, or trustee
- You started or expanded a business
- There have been significant changes in the tax laws
- You are approaching 70.5 and will be taking distributions from your retirement plans
- You move to a different state
- You receive a chronic or terminal medical diagnosis
Remember – the last Will you sign is the Will that is legally enforceable before a court of law upon your death, so it’s smart to keep it in line with your current wishes.
If you would like to write a Will, or review the one you have, give us a call.
Phone: (518) 855-3535