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How often should I review my estate plan with my attorney?

How often you should have your estate plan reviewed depends largely on where you are in life:
  • In your 30s and 40s, every three to five years 
  • In your 50s and 60s, every two to three years 
  • In your 70s and above, every one to two years.
There also are life events that, when they occur, make it a good idea to contact your attorney to schedule an estate plan check-up, including:
  • Marriage
  • Divorce (yours or a beneficiary of yours)
  • Death of a spouse
  • A substantial change in the size of your estate (for example, if you receive a large inheritance or win the lottery)
  • A move to another state
  • Death of any personal representative, trustee, guardian, conservator or beneficiary that you have named in your legal document
  • Birth or adoption
  • Serious illness of a family member
  • Changes in any business interests you may have
  • Retirement
  • Change in your health
  • Change in your eligibility for life insurance
  • Acquisition of property in another state
  • Changes in tax, property or probate and trust law (if applicable to your estate)
  • A change in your attitude toward your beneficiaries
  • Any new financial responsibility.