By taking care now to complete your estate plan with the help of a Pasadena estate planning law firm, you can reduce the possibility of confusion, frustration, unnecessary costs, or avoidable delays. By updating your estate plan now at the end of 2024 or at the beginning of 2025, you can ensure that your wishes are followed if something should happen to you that leads to incapacity or you passing away.
Major life events may have affected your estate plan, such as births, deaths, divorces, or marriages. You may need to name new people to serve as your personal representative or a trustee, or to name new beneficiaries in your estate planning documents or in your life insurance policy.
Finding an attorney who is familiar with making adjustments to your estate plan can help you ensure that you have followed all laws with regards to doing this. You may also have received new financial assets or properties in the last year, and these may need to be included in your existing estate plan.
By sitting down and reviewing your estate plan now at the end of the year, you can identify potential problems and schedule a meeting with our Pasadena estate planning law firm to discuss your options for the future. Making an update to your estate plan will give you peace of mind for the entire year that you have incorporated all of your life changes, as well as any alterations in state and federal laws.
