|Photo by Ed g2s|
Lawyers frequently advise clients to review their estate plans at least annually, to make sure their documents are up to date. Some will send a reminder post card each anniversary after your last will appointment. But what if the attorney stops sending post cards? What if you move? How can you ensure you periodically review your documents? Coincidentally, today is my birthday and that helped me come up with a solution to this problem.
Today I scheduled an appointment with an attorney to review our family estate plan. By making a habit of using my birthday to reflect on the past year's events, and take a look at my estate planning documents, I have an easy-to-remember annual reminder in place. In our case, we recently sold a house and have a new relative in our family, so it is time to get new documents.
One caution: Do not attempt to update your documents by making pen and ink changes, inserting pages, or anything like that. Typically, marking the pages of a will invalidates the entire document. Seek legal counsel to properly execute new, legally binding documents.
Note: The information above is not legal advice and is not the basis of an attorney-client relationship. If you need assistance, you can hire an attorney to assist you with your individual legal needs.