Home [ Is it time to update your will?
Is it time to update your will?
- Many significant things can happen in a year. Consider reviewing your will or estate plan every few years. Below are several life changes and other noteworthy reasons to update your will or estate plan.
- You give birth to or adopt a child
- Your children reach adulthood
- You inherit or are given “new” assets
- The needs of your beneficiaries change
- You give away or sell assets mentioned in your current will
- Significant change in your assets’ value
- Marriage
- Purchase or sale of real estate
- Relocation
- A named beneficiary dies
- Death, relocation, or disabled executor or trustee
- Death of a spouse
- Divorce
- You wish to make a gift to your church or a United Methodist cause