Update An Estate Plan
Anaheim Wills and Living Trust Lawyers Update Estate Plans
Creating an estate plan is no easy task. It involves confronting your own mortality, gathering information about your assets, thinking through end-of-life issues, and making important decisions. So it’s only natural that when people complete the process, they breathe a sigh of relief and get back to living their lives.
But life is constantly changing. Your current financial and family circumstances are likely to be different from when you first wrote your will or estate plan. And, as circumstances change, estate plans must be revisited and updated.
Our Orange County estate planning attorneys revise and update clients’ estate plans
Our Anaheim wills and trusts lawyers meet with former clients and new clients to update their estate plans. By modifying our clients’ plans to accommodate changes in their lives, we help ensure that our clients’ current goals and objectives will be carried out.
If you want to learn more about drafting wills and living trusts, let us know. We will send you a complimentary pamphlet and DVD about the estate planning process. To receive a complimentary copy of our pamphlet, “The Ten Things You Must Know Before Creating (or Amending) Your Will or Trust” or a complimentary copy of our DVD, “Understanding the Revocable Living Trust: In Language that Anyone Can Understand in 8 Minutes,” let us know where to send them.
Have your personal circumstances changed since you last looked at your estate plan?
Since you last updated your estate plan, have you:
- Gotten married?
- Gotten divorced?
- Become a parent?
- Changed your mind about who you wish to inherit your assets?
- Substantially increased your assets?
- Sold off or given away a substantial portion of your assets?
- Moved to another state?
- Started a business?
- Experienced the death of your planned executor, beneficiary, or guardian?
- Changed your mind about medical interventions?
- Found a charity that you endorse?
- Allowed more than three years to pass?
- Experienced other life-changing events?
If you answered “yes” to any of these, you should have your will and living trust documents reviewed by an estate attorney.
You will leave our office with a comprehensive estate plan and the peace of mind that comes with knowing your affairs are in order.
We are thorough attorneys. We listen to our clients so that we understand their needs, desires, and goals. Getting to know our clients and their personal circumstances enables us to create personalized documents that will effectuate our clients’ goals. Having a well-planned, comprehensive estate plan in place gives our clients feelings of peace and satisfaction.
We also let our clients know what life events may necessitate a change to their estate plans, and we ask that they contact us if those life events occur. We view our relationships with our clients as ongoing relationships.
Please contact our Orange County estate planning attorneys for your estate planning needs
If you would like our California estate planning attorneys to review your current estate plan documents, contact us. You may reach us by calling (714) 282-7488 or by filling out an online contact form.
James F. Roberts & Associates, APC, drafts wills and living trusts for people who live in Anaheim, Orange, Villa Park, Yorba Linda, Fullerton, Huntington Beach, Placentia, Santa Ana, Irvine, Garden Grove, La Habra, and surrounding areas.
Helpful Articles About Updating an Estate Plan
Should You Modify Your Will?
The changes that you are thinking about are minor. You already have a great estate plan and you just want to make a few tweaks.Should you modify your will? Are you tempted to just do it yourself, but is that a good idea?
Don’t Leave Your Assets to Your Ex: Update Your Estate Plan After A Divorve
It is often said that after a divorce is one of the most difficult experiences to go through.For more information read here
Considering an update to your estate planning documents? View here for eight helpful tips during an trust modification.
Making the decision to update your estate planning documents is a wise and prudent move toward ensuring that your family is provided for
Seven Considerations to Take Into Account When Amending a Trust
Trust amendments are not overly burdensome and can be accomplished quickly by amending a trust.For more information read here.
The Revocable Living Trust
The Revocable Living Trust is explained in this article where you will find out how the living trust works and why you should create one.
Modify Your Trust When Tax Goals Change: Here’s Why
Many people opt to prioritize the minimization of these taxes when preparing their estate plans. So why change your estate plan when tax goals change?
Tax Considerations: Is It Time to Update Estate Plan?
If your estate plan was created more than one year ago, it’s important to review it to determine if changes are needed based on these tax considerations.
Taking Your IRA Benefits over a Five Year Distribution.
Benefits for using the five year distribution including stretching out the tax payments and maintaining a lower tax bracket. Talk to an attorney today.
What should I do about my estate plan if I have recently started a new position?
Consider taking the following steps after ironing out the details of your new position ensuring that your plan matches your needs and goals.
Six Estate Plans Modification Restrictions on Insurance
While getting a divorce, spouses are restricted from making certain Orange County estate plan modifications. View here for six modification restrictions relating to insurance.