Winding down the year, you may be thinking of making resolutions and setting goals for 2019. Instead of the ones you make each year, like losing weight and saving money, perhaps you would like to do more to demonstrate your love for your family. One easy way to do this is to make sure your estate plan is up-to-date and relevant.
Hardly a year goes by that doesn't bring some change in a person's life. Over the past year, you may have had fluctuations in the makeup of your family, your finances or your opinions. Even amendments in tax laws can affect your estate plan. These kinds of changes can render the most solid estate plan obsolete, leaving your loved ones with frustration and potential legal disputes. Taking steps from time to time to review your plan can relieve your family of these heartaches.