Law Office of Rich & RichBankruptcy, Family & Probate LAW
Free Consultation
901-201-6163

Solutions
When You Need
Them Most

Practice Areas
Related Topics

Life events that lead to a review of an estate plan

If you already have an estate plan in place for yourself and your spouse you cannot simply file it away and sit on it for years to come. The estate plan is a set of legal documents that should be reviewed every so often to ensure that they still reflect your wishes and your familial situation. Here are the most common life events that should force you to review and update your estate plan.

Having a child is one of the first times you should review and update your estate plan. Don't want until you are done having children to make the necessary changes. An estate plan should be updated with each new child in your family. The same goes for when grandchildren are born to you and your spouse.

If you have gone through a divorce you should update your estate plan. You will want to remove the name of your former spouse from all of your legal documents, unless you want to keep them listed for one reason or another.

Did you get remarried? It's time to update your estate plan to recognize your new spouse and protect any children from a previous marriage. The same goes for a third or subsequent marriage.

Has your spouse become ill? Did you get diagnosed with a disease or illness? It might be time to review your medical power of attorney and other legal documents in the estate plan that govern your medical care.

Now that you know when it's time to update your estate plan you should take a look at it immediately for any necessary changes. Make sure you speak with an experienced estate planning attorney about your documents so they can be reviewed appropriately.

No Comments

Leave a comment
Comment Information
Contact Us

Get The Help You Need Today

We offer free consultations to all new clients, meaning there is no risk and no obligation to learning how we can help. To schedule your confidential appointment, contact the firm online or call us today at 866-935-6740 or 901-201-6163.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Law Office of Rich & Rich
3884 Summer Ave
Memphis, TN 38122

Toll Free: 866-935-6740
Phone: 901-201-6163
Fax: 901-323-0893
Memphis Law Office Map

Review Us
Free Consultation 901-201-6163
Contextual