For many of us, the holidays are a time to reflect upon the changes that have taken place over the course of the year. (There is certainly a lot to reflect upon this year!)
As estate planning attorneys, the end of the year is a time to remind our clients about the importance of keeping their plans up-to-date. Ask yourself this: Has anything changed in your medical or financial situation this year? What about your heirs: Have your adult children gotten married (or divorced), started a family of their own, fallen into debt, or experienced other significant developments in their lives?
Your estate plan must take changes like these into account to ensure it is up-to-date and capable of accomplishing your goals. The fact is an outdated plan can be worse than having no plan at all.
As you reflect upon the changes that have taken place this year, we hope you also consider the implications of these changes for your estate plan. As always, we’re here to help. Fill out our contact form or give us a call (907)-334-9200 for more information!