How can I ensure that my estate plan is up to date and meets my changing needs?

It's important to review and update your estate plan regularly to make sure it still meets your needs and reflects any changes in your life or financial situation. Here are some steps you can take:

1. Review your estate plan regularly: Experts generally recommend reviewing your estate plan every three to five years, or after any major life event such as a marriage, divorce, birth of a child, or death of a loved one.

2. Consider changes in your assets: If you have acquired new assets, sold or transferred existing assets, or made significant changes to your investments or retirement accounts, you may need to update your estate plan accordingly.

3. Review and update your beneficiaries: Make sure that your beneficiary designations on your accounts, such as retirement accounts or life insurance policies, are up to date and reflect your wishes.

4. Review and update your will: Review your will to make sure it still accurately reflects your wishes and that the designated executor and guardians are still appropriate.

5. Review and update your trusts: If you have established trusts as part of your estate plan, make sure they still meet your needs and that the trustees are still appropriate.

6. Consult with your estate planning attorney: Your estate planning attorney can help you review your estate plan, make any necessary updates, and ensure that your plan still meets your goals and objectives.