Reviewing Your Will

You might want to review your will when….

  • There’s a birth or adoption of a child, grandchild or other family member
  • After a marriage or divorce
  • A person named in your will passes away
  • Your children, grandchildren or other heirs reach adulthood
  • There are changes in your executor, guardian, and/or trustee’s circumstances
  • The value of your estate significantly increases or decreases
  • You are starting a business
  • There are changes in tax laws
  • You are approaching age 70 1/2(when you are required to begin taking distributions from your IRA, 401(k) or other qualified plan)
  • You move to a different state
  • There’s a diagnosis of a chronic or terminal illness

 

Consult your estate planning lawyer. 

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