When Should You Update Your Will?
So you finally got your Will done; you feel good about it; everything is set. WAIT! It is not over. Why? Life changes; situation changes and people change. You want your Will to reflect your updated situation. Here are times when you should update your Will. -1- You are having your first child The change is to name a guardian for your child, and who will serve as trustee for any trust created for that child by the will. The will should be flexible enough to accommodate the possible birth of future children. -2- You are thinking about or planning…
