When to Update Your Bonita Springs Will
After you and your Bonita Springs attorney are done setting up your will, you might think that the job is done. The truth is that the final first draft of your will is only the beginning of the will making process. You will need to do updates to your will to reflect changes in your life. People often forget how much their lives can change in just one year, and those changes need to show up in your will or your final wishes might not be met.
Annually
As a rule, even though you may have already spoken to your estate planning attorney about something else, you should make a recurring annual appointment to review your will. You should sit down and think of all of the things that have changed about your life and be prepared to have your will altered to reflect those changes.
After a Divorce
Getting divorced changes a lot of things in your life, which means it should also necessitate a change in your will. A divorce changes who is part of your immediate family and who the probate courts view as the person to make decisions about your estate. It is extremely important to talk to your estate planning attorney about your will after you have been divorced.
When You get Remarried
If a divorce is an important event that requires the altering of your will, then so does getting remarried. When you get remarried, you have to start thinking about how you will take care of your children from the first marriage and any children you have with your new spouse. If you do not change your will, then your ex-spouse could have more of a claim to your assets after you pass away than your current spouse.
If Your Job Situation Changes
Many of the details about your assets, including investments and real estate, are probably tied to your job. If you lose your job or your job situation changes and you start making less money, you may have to sell some of those assets to make ends meet. If you do that, then that changes the conditions of your will as you might be giving away assets you no longer have.
If Your Beneficiaries Pass Away
As time goes by, the people you care about can start to pass away. It is a sad thing to think about, but it is also something that changes your will. If you have beneficiaries that have passed away, then you need to get your will updated immediately.
The Mattar Firm Specializes in estate planning and helping you to update your will. If it is time to make your will accurately reflect your current life situation, then give The Mattar Firm a call. Our knowledgeable estate planning attorneys are just a call away.