Here are some thoughts from St. Jude’s Children’s Hospital:
Does your will need updating?
Consider the many life events that can impact a will and other arrangements:
- moving to another state
- changes in the value of your assets
- a change in marital status
- birth of a grandchild
- a change in the real estate you own
- new tax laws
- changes in your charitable goals
If you need to update your will, there is no substitute for using a qualified attorney with estate planning experience in your state. A knowledgeable attorney can make sure that your revisions are properly recorded, which can reduce expenses and help heirs receive their inheritances sooner.