How do I know when it’s time to update my Orange County estate plan?

Generally speaking, most clients should contact our office at least every three years in order to ensure that their estate plans are kept up to date. Time is not the only trigger for modifying an estate plan, however. There are many instances that could give rise to a need for an update to your documents. If you are wondering whether you should be revising your existing Orange County estate plan, contact our office of experienced Anaheim estate planning lawyers today.

As a broad overview, the following are some examples of times where you should consider meeting with your attorney to discuss an estate plan update:

  • Following a recent change in your family, such as a divorce, marriage, birth, or death.
  • After changes are made to federal or state estate tax or probate laws.
  • If you are no longer living in the state you resided in at the time of drafting of your documents.
  • When your financial net worth has increased or decreased significantly. 
  • When your children are no longer minors.
  • When your children or other beneficiaries get married or divorced.
  • If you have recently been diagnosed with a medical condition or are preparing for a surgery or other procedure.
  • If you are planning to travel abroad in the near future.
  • If you become a business owner.
  • When you want to discuss the benefits of adding a trust to your estate plan.

If you are not sure whether or not your Anaheim estate plan is in need of revision, our office of experienced Anaheim estate planning attorneys would be happy to review your existing documents and make a recommendation. Call us today at (714) 459-5481 for a consultation.

James F. Roberts
Founder and owner of the Law Office of James F. Roberts and Associates, a premiere estate planning law firm