Protect Your Loved Ones… Update Your Estate Plan!
In order to keep your family and loved ones protected, you’ll need to update your Estate Plan on a regular basis so that it continues to reflect your wishes and needs as your family grows or undergoes changes, and if your investment assets change over time.
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๐๐ก๐๐ง ๐ฒ๐จ๐ฎ ๐ฎ๐ฉ๐๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ฅ๐๐ง, ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ ๐ซ๐๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ฐ๐ก๐จ ๐ฒ๐จ๐ฎ ๐ก๐๐ ๐ฅ๐ข๐ฌ๐ญ๐๐ ๐๐ฌ ๐๐๐ง๐๐๐ข๐๐ข๐๐ซ๐ข๐๐ฌ ๐ข๐ง ๐ฒ๐จ๐ฎ๐ซ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ฅ๐๐ง. Do you still want to keep those beneficiaries? Or do you want to make a change? You may want to even take a look at your bank accounts, insurance policies, retirement savings accounts, and brokerage accounts. They all typically require you to designate a beneficiary, and these beneficiary designations will override any directions that you have written in your Last Will, and even your Trust.
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๐๐ ๐ซ๐๐๐จ๐ฆ๐ฆ๐๐ง๐ ๐ซ๐๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ฅ๐๐ง ๐๐ง๐ง๐ฎ๐๐ฅ๐ฅ๐ฒ. You should definitely update your Estate Plan after major life events, such as marriage and remarriage, divorce, births or adoptions, changes in your health, and certainly if any deaths in the family have occurred. And donโt forget that changes in your financial goals; purchases of large assets such as a home; or major financial events such as a bankruptcy, retirement, or business sale, are also important milestones that make a review of your Estate Plan a must!
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๐๐จ๐งโ๐ญ ๐ญ๐๐ค๐ ๐ญ๐ก๐ ๐ซ๐ข๐ฌ๐ค ๐๐ง๐ ๐ฉ๐ฎ๐ญ ๐จ๐๐ ๐ ๐๐ญ๐ญ๐ข๐ง๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ฅ๐๐ง ๐ซ๐๐ฏ๐ข๐๐ฐ๐๐!
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๐๐๐ฅ๐ฅ ๐๐ก๐ ๐๐๐ง๐๐๐ณ ๐๐๐ฐ ๐
๐ข๐ซ๐ฆ ๐๐ญ (๐๐๐)๐๐๐-๐๐๐๐ ๐จ๐ซ ๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐๐ญ ๐ฆ๐๐ข๐ฅ@๐ญ๐ก๐๐ฆ๐๐ง๐๐๐ณ๐ฅ๐๐ฐ๐๐ข๐ซ๐ฆ.๐๐จ๐ฆ. We can set you up with a FREE, no obligation office conference. Weโll review your Estate Plan and go over your life changes with you. And if you prefer, we can even review your Estate Plan using a Zoom virtual conference. If you are looking for a Florida estate planning attorney in the Greater Orlando Area, we are here to help with all your Estate Planning and Asset Protection needs.
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