Kudos to those of you who have taken the time to prepare your estate plan! You have given a wonderful gift to your family and you definitely deserve a pat on the back. But if you had your estate plan done at a traditional law firm, you may think that you are finished with this task for life, and mistakenly believe that it would be fine if you never laid eyes on your attorney again. As the clients of the Morgan Law Group (LINK) know, the delivery of your estate plan is just the beginning of a beautiful relationship.
You see, an estate plan is just like a car or house; it needs regular review to make sure that it stays in good working order. There are just too many things that impact your estate plan. You should consider your estate plan something that ages and something that requires care and tending. Here are just a few reasons why your plan may need to be updated:
• You’ve given birth or adopted a child.
• Someone you’ve named in your plan passes away.
• You’ve added or sold a significant asset.
• You’ve changed your mind about who you want to raise your kids.
Life keeps us so busy that even if one of these events occurs and you remember that you need to change your will or trust, very few people actually take the time to do so.
This won’t happen to the clients of the Morgan Law Group. One of the many benefits that our clients receive is that they will be reminded at least every three years that their estate plan must be reviewed. We do this review free of charge and, most importantly, we remind you when it is time. Your plan is simply just not going to get old or stale.
If you had your estate plan done at another law firm, you should contact them and ask them about their process and ask how they are ensuring that your plan will work in the way you planned when it was created. If they don’t have an answer for you, contact us to see if you are eligible for a free review of your existing plan. We’ll be happy to take a look and make sure that your family will be taken care of no matter what.