How often should I update my estate plan?
An example of an AI chatbot conversation about updating your estate plan.
How often should I update my estate plan?
It's generally recommended to review your estate plan every 3 to 5 years, or after major life events.
What major life events should prompt an update?
Events like marriage, divorce, the birth of a child, or significant changes in financial status should prompt an update.
Can I do the updates myself, or should I hire a lawyer?
You can make updates yourself for simple changes, but consulting a lawyer is wise for complex situations.
What documents are typically included in an estate plan?
An estate plan usually includes a will, power of attorney, healthcare proxy, and possibly a trust.
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