Creating an estate plan is one of the most thoughtful and proactive steps you can take to protect your family and plan for your future. But signing your documents isn’t the end of the process — it’s the beginning of one that should evolve as your life does.
Over time, things change: families grow, careers advance, relationships shift, assets and interests evolve, and laws are updated. An estate plan that made perfect sense five or ten years ago might not reflect your current wishes or circumstances today — and in some cases, it may even do the opposite. That’s why it’s critically important to view your estate plan as a dynamic, living thing — one that should change with you as your life changes.
If you’re unsure where to start, an experienced estate planning attorney can guide you through reviewing and updating your plan. At Plakas Mannos, our team provides comprehensive estate planning services to ensure your plan continues to protect what matters most.
Some common life events that may trigger the need to revisit your estate plan include:
Even if none of these events have occurred, it’s still wise to review your plan every few years to ensure it continues to serve your goals.
An outdated estate plan can cause confusion, disputes, or even unintended outcomes. Beneficiary designations may no longer match your wishes, a named fiduciary may no longer be the right fit, or your plan may no longer provide the same tax advantages it once did.
Regular review and updates of not only your core estate planning documents, but also your asset beneficiary designations, help ensure your plan remains clear, current, and effective — giving your loved ones peace of mind when it matters most, and giving you confidence that you’ve done all you can to prepare for the future.
Think of reviewing your estate plan like maintaining your home or your car — regular checkups prevent bigger problems later. A short meeting or phone call with your estate planning attorney can ensure everything still aligns with your life and goals.
If it’s been a few years since you last reviewed your plan, or if any major life changes have occurred, now is the perfect time to take another look.
The estate planning attorneys at Plakas Mannos provide trusted estate planning services to help you evaluate, update, and strengthen your plan so it reflects your current wishes and provides peace of mind for you and your family.
Contact our office today to schedule an appointment and make sure your estate plan still works the way you intend it to.