REVIEW OF EXISTING DOCUMENTS.
It’s not uncommon for estate documents to accumulate over time. You might start with a will, and then make some revisions, add a trust, change a trustee, re-title a property. And the result could be a complicated set of material that may or may not have the intended effect, and may or may not suit your current needs. If you have anything more than one will in effect, it might be a good idea to bring your documents in for a comprehensive review.
Changes in an estate plan have to take your whole picture into account. It’s not unusual for us to find that a plan that made sense when it was written is out of touch with the client’s current needs. Or that a smart strategy in one part of the plan was not coordinated with a corresponding change in another part of the plan. There are also lots of issues that can arise as plans play out over time — such as the ongoing ownership or management of a property that passed to a trust after someone has died.
And technical details can have serious impact. For example, amendments to trusts are not always permitted, and they require the signatures of the right parties with the right formalities in order to take effect.
Bring it all in and we’ll let you know what your documents are doing for you and what you might want to change.