Review the questions below to see if it is time for an Estate Plan Check-Up. Since your estate planning documents were signed:

1. Has it been more than 3 years?
2. Does your estate plan name Guardians for your minor children?
3. Since creating your estate plan, are your children now adults?
4. Are there any assets that you have not transferred into your Trust?
5. Are your Medical and Financial Power of Attorney documents older than 5 years?
6. Are there any gifts you would like to make to charities that have not been clearly set forth in your planning documents?
7. Is there any personal property that you would like distributed that has not been clearly set forth in your planning documents, including the care of any surviving pets?
8. Have you changed your mind about any aspect of the plan?
9. Has the value of your assets changed?
10. Have you added or changed the kind of assets you own?
11. Have you recently married, divorced, or widowed?
12. Have you had children?
13. Have your children had children?
14. Have any of your children married, divorced, or died?
15. Have you, your spouse, or child become physically or mentally incapacitated?
16. Have you bought or sold a house or other piece of property since signing your documents?
17. Do you own a house or property in another state?
18. Are you contemplating selling stock or other valuable assets with a low-cost basis?
19. Have you moved between states?
20. Would you like to make any changes to the persons you designated as your agents/representatives?
21. Does your current plan protect your children’s inheritance from a divorcing spouse or lawsuits or your possible remarriage?
22. Does your plan protect you and your assets from expensive long-term care costs?
23. Does your plan protect against the long-term care expenses of a spouse?

If you have answered ‘YES’ to any of these questions, it is a good idea to schedule a review appointment.