LegalJourney Blog

Monday, January 23, 2017

6 Reasons to Revise Your Estate Plan as Soon as Possible

Forbes.com published an article by Mark Eghrari entitled, "6 Reasons to Revise your Estate Plan as Soon as Possible" (Jan 2, 2017). Provided below is a brief summary of the article published at TheTimesHerald.com: 

6 Reasons to Revise Your Estate Plan as Soon as Possible

Creating a solid estate plan is a wonderful idea - but the process shouldn't end when your plan is in place. Periodically reviewing your plan ensures it accurately reflects your current goals and requirements. With changes such as divorce, re-marriage, birth, illness, etc. you must revise and update your plan to always be up to date

Tax laws are constantly changing and can dramatically affect your estate plan. Your estate lawyer can help ensure that your plan takes advantage of new legislation. With a change such as an injury or illness to you or a family member, you may want to consider changing your plan to reflect their increased needs.

There are a number of personal and financial reasons to review your estate plan on a regular basis. You must make sure yours is always up to date so that what you intend to happen to your assets and your family will actually happen.

To find out in depth the 6 reasons to revise your plan, please continue to read the full article “6 Reasons To Revise Your Estate Plan As Soon As Possible” from Forbes.com


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Attorney Karnardo Garnett represents clients with their Estate Planning, Elder Law and Asset Protection needs throughout the Tampa Bay Area, serving all of the bay area, including but not limited to Tampa, Brandon, Clearwater, St. Petersburg, Gibsonton, Riverview, Oldsmar, Safety Harbor, Hillsborough County, and Pinellas County, FL



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