Every new year brings an opportunity for a fresh start. While many people focus on resolutions like eating healthier or saving money, one resolution that can make a lasting difference is updating or creating an estate plan.
At The Estate Planning Law Center, we’ve seen firsthand how an outdated plan can cause more harm than good. Take the case of John and Carol. They created their estate plan over 20 years ago when their children were young, and their assets were minimal. But life changed—new properties, grandchildren, and shifting family dynamics. When John passed away last year, Carol discovered their outdated plan created unnecessary complications:
- The vacation home they purchased wasn’t included in their trust, so it went through probate.
- Their adult children weren’t properly listed in their documents, creating confusion over asset distribution.
- No updated healthcare directives meant Carol had to petition the court for decision-making authority.
By contrast, the Andersons, longtime clients of The Estate Planning Law Center, updated their estate plan every few years. When they faced a similar loss, their updated plan ensured a smooth transition of assets and clear healthcare instructions, sparing their family unnecessary stress.
Start 2025 on the right foot with these estate planning resolutions:
- Review Your Beneficiaries: Ensure your accounts reflect your current wishes.
- Update Wills and Trusts: Include new assets and reflect changes in family dynamics.
- Organize Important Documents: Make it easy for your family to find healthcare directives, powers of attorney, and insurance policies.
- Plan for Long-Term Care: Protect your assets from being depleted by medical expenses.
- Work with a Trusted Attorney: At The Estate Planning Law Center, we specialize in personalized estate planning that grows with you.
This year, let’s make sure your plan is working for you—not against you. Request a Consultation and take the first step toward protecting your family’s future.
