Many responsible people create a Last Will & Testament, but, unfortunately, many of those same people shove it in a drawer and forget about it. Failure to keep your Will up to date can lead to just as many problems as not having a Will at all can.
You may have experienced some changes in your life since you drafted your Last Will & Testament. Some changes that would certainly necessitate an update of your Will include a marriage, the birth or adoption of a child, the acquisition of new assets that you wish to leave to someone in particular, or a good swing in your financial fortune which may require a Will update to help your Estate avoid paying unnecessary taxes.
If you believe you have experienced changes that may impact your intentions after you pass, be sure to review your Will and make sure mandates you spelled out in your Will still reflect your true wishes. If they do not, be sure to update your Last Will & Testament as soon as possible.
THE FOREGOING IS A GENERAL DISCUSSION OF THE LAW AND SHOULD NOT BE INTERPRETED TO BE LEGAL ADVICE. IF YOU HAVE A SPECIFIC QUESTION, PLEASE CONTACT OUR OFFICE AND SPEAK TO AN ATTORNEY
