Fedele and Murray, P.C.

17 Walpole Street, Norwood, MA 02062-3318 - (781) 551-5900

Estate Planning Updates

Many clients wonder how often they should have their estate plan reviewed for possible updates. There is no set period of time that would automatically trigger a review, but it is generally advisable to review an estate plan every few years to make sure that it is up to date. Some of the events that indicate that your estate plan may need to be updated include the following:

The above list is not meant to be exhaustive by any means. Other changes that you may not be aware of include changes in the tax law or the law governing the administration of estates and trusts. These latter changes can sometimes have a dramatic impact on your estate plan. While most well drafted estate plans should adjust automatically for many possible changes, it is still advisable to review your estate plan periodically. Often times, minor changes can be easily made by a short codicil to your will or amendment to your trust.

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