New Year + New Laws = Outdated Estate Plan

As 2016 begins, we reflect upon the joys and challenges we faced throughout the past year. Unfortunately, many people overlook how these joys and challenges affect estate planning. Often, the events that shape our lives the most also influence how we would want to take care of our loved ones. For example, have you experienced changes such as these in 2015:

• Birth or adoption of a child or grandchild
• Child turned 18
• Divorce or marriage
• Change in named guardians, beneficiaries, trustees or personal executors
• Approaching age 70
• State-to-state move
• Own your own business

Of course, even if you haven’t had any major changes take place in your life, it is still a good idea to have your estate plan reviewed every three years. Laws change periodically so it is important to find out if any legislative revisions impact your estate plan. After all, an out-of-date can add to the stress and pain affecting loved ones during a difficult time.

It is important to us that our clients are always prepared for the unexpected. If you wish to set up a review of your current estate plan or establish a new one, our firm is offering you a free estate planning consultation now through January 31, 2016. You can reach our office at 618-659-4499 or email us at info@sivialaw.com . In the meantime, check our free Estate Planning Resources Page here .

We hope you transition into 2016 knowing you have safeguarded your loved ones from unintentional consequences through intentional planning.

Happy New Year!