When, Why, And How To Update Your Estate Plan
Have you created an estate plan in the past? You should be congratulated, as this is a task that many Americans procrastinate — even putting it off until it's too late. But should you reevaluate your estate plan at various times during your life? Yes. And to help you keep up with that, here are the when, why, and how of updating your estate plan.
When Should You Update?
An estate plan should be reassessed no more than every three to five years.