What are the benefits of updating my inheritance plan?

Why should I consider updating my inheritance plan?

Updating your inheritance plan ensures that your assets are distributed according to your current wishes and circumstances.

What specific changes in my life might prompt an update?

Major life events like marriage, divorce, the birth of a child, or significant financial changes are key reasons to update.

How often should I review my inheritance plan?

It's advisable to review your inheritance plan every few years or after any major life changes to ensure it reflects your current situation.

What happens if I don't update my plan?

If you don't update your plan, your assets may be distributed in a way that doesn't align with your current wishes, potentially causing disputes.

Can I make changes to my plan easily?

Yes, making changes to your inheritance plan is usually straightforward, especially if you work with a legal professional.