Is it just us, or have the past few years flown by faster than a hiccup after a fizzy drink? It certainly feels that way for 2024, and if we had to guess, plenty has likely changed in your life during that time—perhaps the birth of a grandchild, health changes, the unfortunate passing of a spouse, or even a financial windfall from an unexpected inheritance. Regardless, the last thing you want to do is let too much time go by without accounting for those changes. This is where an estate plan review might be in your best interests.

Despite what you may have been told elsewhere, your Will or Trust was not meant to be filed away in a drawer until the day comes when your family needs it. It should be reviewed at least every three years to ensure it is current and expresses all your wishes.

When I meet with a client for a review, I frequently discover new things that need to be changed or updated in their estate plan. 

Have You Experienced Any of These Changes Over the Past Three Years?

• Marriage or divorce
• The death of a spouse or beneficiary
• Birth or adoption of a child
• Significant changes in financial status
• Starting, selling, or changing ownership in a business 
• Changes to tax laws 
• Health changes
• Retirement
• New or sold assets
• Changes in executors or trustees

If you just realized that three or four years have passed since you created or last made changes to your estate plan, call our team of attorneys. When we design estate plans for our clients, we do our very best to think of everything that matters most to them and even the things they did not know were important. The result is a set of thorough legal documents designed to protect you and your loved ones and cover life’s many ill-timed curveballs. That said, conducting an estate plan review every three years is critically important.

Your needs and those of your family are fluid. So, while it is great that you have an estate plan in place, you must ensure that it is current, expresses your wishes, and covers all your bases. 

This is especially true as we plan for the holidays and another New Year in the coming weeks. 

Let us help you uncover those additional details and ensure your estate plan keeps you covered.

Call Leigh Hilton PLLC Today!!

How often should my estate plan be reviewed? Again, at least every three years. Some changes are predictable, but we may not know how soon they will occur. Other changes are not so predictable. Either way, it is important to be prepared for as many situations as possible. Call Leigh Hilton, PLLC, in Denton, TX. We have ample experience and will take into consideration your particular situation. Proper planning of an estate, whether through a Will, Trust, or both, helps ensure your wishes are carried out. 

Leigh Hilton, PLLC, wants to be your first call every time for any estate planning need. We look forward to serving you.