How Frequently Should You Review Your Estate Plan?

As a general rule, you should review your estate plan every three years. [Of course, reviewing it every year would be ideal. But as you get older, it seems that time flies!]

Your estate plan should be reviewed in light of changes in your circumstances and changes in the relevant laws.

You should also review your estate plan whenever there is a significant change in your financial or family situation.

It may be helpful to review your estate plan if you plan to purchase substantial life insurance, if you are preparing to retire,  if you become aware of a significant inheritance, or if you are getting married or divorced.

If you are uncertain whether a certain event or circumstance may affect your estate plan, please consult with an attorney for more a more detailed evaluation of your situation.