{"id":13,"date":"2011-06-06T16:57:20","date_gmt":"2011-06-06T16:57:20","guid":{"rendered":"https:\/\/www.jacksonwhitelaw.com\/arizona-estate-planning\/?page_id=13"},"modified":"2024-10-04T21:59:51","modified_gmt":"2024-10-04T21:59:51","slug":"update-your-estate-plan","status":"publish","type":"post","link":"https:\/\/www.jacksonwhitelaw.com\/arizona-estate-planning\/blog\/update-your-estate-plan\/","title":{"rendered":"Update Your Estate Plan"},"content":{"rendered":"

Introduction<\/h2>\n

If you already have a trust, will and\/or powers of attorney in place, it would be a mistake to believe you have no reason to give thought to estate planning<\/a> issues now or in the future. Nevertheless, people make this mistake all too often, and it leaves many of them with a plan that fails to accomplish their most current goals. To get the most out of your estate plan, it is important that the plan itself remains current. Everyone should review their estate plan every few years and contact their counsel regarding any needed updates or questions. There are several reasons why you should review your estate plan periodically:<\/p>\n

When to Update Your Estate Plan<\/h2>\n

The laws change, and sometimes these changes require you to update your documents accordingly. In fact, 2011 brought significant changes to estate and gift tax laws that will heavily impact estate planning, so now would be a good time to review your plan. Moreover, it is likely that estate and gift tax laws will undergo further review and changes by Congress in 2012.<\/p>\n

When to Amend Your Estate Plan<\/h2>\n