Don’t Forget to Update Your Power of Attorney When Modifying Your Estate Plan
Why is it important to update your power of attorney when modifying your estate plan? Here are four reasons you should review your documents.
Why is it important to update your power of attorney when modifying your estate plan? Here are four reasons you should review your documents.
When you create your estate plan, your spouse may have been the logical choice as successor trustee, but what happens if your spouse passes first?
While your power of attorney after moving may still be valid, it is important to consult with an attorney to determine whether an update is advisable.
Your estate planning documents should be updated often. This is an overview of what to expect when updating an estate plan.
If your assets have grown so that they are at or near this amount, it is important to consider an update to your estate plan in order to minimize estate taxes potential burden.
If you have an estate plan, but think stronger protection of the trust from your children’s creditors is needed, consider updating your plan.