January 21, 2015

It’s not always easy to think about the inevitable or to get knee deep in the financial or other details of your estate plan, but it’s not an exercise you should assume you can do once and be done with it. More often than not, people make the mistake of assuming that once they have copies of their documents, it’s best to store them in a fire-proof box and forget about it. 

While you definitely should store your estate planning documents in a safe place, you should also set a calendar reminder to dig them out and review them. A lot can change in your life even in the span of just one year, so an annual review is a great opportunity to make any necessary changes. The same goes for when there’s a big event in your life like a marriage, divorce, or birth of a child. All of these are “trigger events” that should remind you that it’s time to update beneficiaries and conduct some evaluations of your existing documents.

Let your estate planning specialist walk you through it to be sure you’re getting the most out of the strategies you have selected. Our office is always available to help you start your estate planning or to review what you’ve already got to make sure it’s in line with your needs. Set up a meeting today: info@lawesq.net.