Reviewing and Updating Estate Plan Documents

Last Updated on August 21, 2022 by Paul Dunn

Reviewing and updating estate plan documents should be done whenever there is a change in your family situation, your estate plan desires, or a change in the law, such as:

• a divorce or remarriage
• the birth or death of a child
• a move to another state
• you want to add or remove beneficiaries from your documents
• you want to name different persons as fiduciaries in your estate plan documents
• you learn of a change in the law pertaining to estate planning (Examples: Arizona made a major change in its trust laws on January 1, 2009.  See Arizona Trust Code (arizonaestateandtrustlaw.com)  The federal government made a major change in its gift and estate tax laws on January 1, 2013.) See 2018 Estate Tax Law Changes – Arizona Estate and Trust Law, Plc