Question: How Often Should I Be Updating My Will or Estate Plan?
Answer: You should update your estate plan every 3-5 years on average. This should take place sooner if you experience significant life-changing events such as:
These are just some of the most common reasons to more frequently revisit your estate plan. If you maintain regular communication with your estate planning attorney, he will alert you when you should sit down and look at it again.
Today’s Answer was provided by Don L. Rosenberg, Attorney and Counselor, with Barron, Rosenberg, Mayoras & Mayoras, P.C. in Troy, Michigan. Attorney Rosenberg is a Partner Member in the National ElderCare Matters Alliance.
If you need help in planning for and/or dealing with this issue or with any Elder Care / Senior Care matter, you can find the professional help you need in one of the following 21 “Mobile Friendly” Elder Care / Senior Care Directories. These Elder Care / Senior Care – specific Directories are sponsored by the National ElderCare Matters Alliance, an organization of thousands of America’s TOP Elder Care / Senior Care Professsionals who help families plan for and deal with a wide range of Elder Care Matters.
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