 |
Family Matters Newsletter
Sign up and you will receive:
|
How Often Should You Review Your Estate Plan?
You
paid good money for a comprehensive estate plan to protect your family
and assets. So, when was the last time you reviewed it? An
old, outdated estate plan is basically no good to you or your family,
so take a little time to have your plan reviewed to make sure it will
work the way you intend. If you pass away with an outdated estate plan,
your current wishes will not be carried out. A
well written estate plan should change and evolve as your family and
life change and evolve. I recommend you review your estate plan at
least every three years or sooner if one of the following events
occurs: * If you are newly married or if you re-marry * If you get a divorce (even just legal separation) * If you move to another state * The birth of a child * You adoption a child * Death of a family member * Property acquisition (especially house, vacation home, etc.) * Changes in tax laws * Inheriting assets from family or friends * Selling your business or buying a business * Retiring * Buying property outside of your home state Any
one of these life changing events can affect your estate plan and
require the addition, deletion, or revision of a provision or require
you to rewrite your entire plan. Ask
your attorney if he/she has an updating and maintenance program that
you can participate in. That way, your estate plan will be regularly
reviewed and up-to-date to truly reflect your wishes. If
you live in Maryland or Washington, D.C. and want to learn more about
Estate Planning, contact us anytime or signup below for our free Estate
and Financial Planning E-book (The Basics of Estate Planning). |
You’re invited to call or
e-mail. "If you have questions about estate planning, asset protection, assisted reproduction or surrogacy, please send your e-mail today to nicole @ kinseylawgroup.com or call (301) 968-1630." — Nicole
Phone: (301) 968-1630 * Phone: (202) 643-1837 * Fax: (888) 559-8856
|
Copyright
2006 Kinsey Law Group. All Rights Reserved. Kinsey Law
Group, P.C. Serving your interests internationally, nationally and in Maryland and Washington, DC, including Rockville, Gaithersburg, Potomac, Bethesda, Chevy Chase, Columbia, Camp Springs, Fort Washington, Upper Marlboro, Bowie, Forestville, Prince Frederick, Waldorf, Largo, Temple Hills, Greenbelt, College Park; and in Montgomery County, Baltimore County, Baltimore City, Howard County, Prince Georges County and Anne Arundel County. Legal Disclaimer: This website was designed solely for informational purposes and is not intended to, and nor does it, constitute legal advice. Any results set forth herein are based upon the facts of that particular case and do not represent a promise or guarantee. The use of this site does not create an attorney-client relationship. The Kinsey Law Group cannot guarantee that the information on or linked to the website is correct, complete, or current. Contacting the Kinsey Law Group does not create an attorney-client relationship. Do not transmit time-sensitive or urgent information through e-mail or the law firm's website. |