How often should I update my estate plan?

Your estate plan should be reviewed any time a significant life event occurs — including marriage, divorce, the birth or death of a family member, a substantial change in your financial situation, a major business transaction or ownership change, a move to a different state, or a significant shift in your estate planning goals. Beyond event-driven reviews, we recommend a comprehensive estate plan review at least every three to five years to ensure your plan remains aligned with current tax law, reflects your current wishes, and accounts for changes in the value and composition of your assets.