Update Existing Estate Plan
Any real change in your financial or familial relationship status should be reflected in your estate plan. Maybe you sold a home and bought and moved to a new home this year. Perhaps changed jobs and received a sizeable salary and bonus increase. You may have become a grandparent for the first, second or subsequent time. Perhaps you or one of your adult children got married or divorced.
All of these are events which would make reviewing and revising your estate plan appropriate.
Regardless of the scope of any change in your life, making an estate planning review a normal part of your events puts you in control of your assets and your choices. Even changes to the tax code or other laws may lead you to make different decisions about how you structure your plan.
This information is only meant to help educate people about the reasons for making an estate plan review more of a priority. Please contact AMP Law with any questions regarding your Estate Planning needs.
Comparing Wills, Trusts, Living Wills, and Power of Attorney
When you’re planning for what happens to your estate, it’s important to know the difference between the different legal documents that are available to you, so you can ensure everything goes according to your plan.
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