What Circumstances May Require an Update to My Estate Plan?

We are concluding our series of articles discussing different types of circumstances that would cause you to consult your Florida estate planning attorney and update your estate plan. Our previous articles explained how your estate plan should be reviewed at least once a year or if your situation changes. Some of the circumstances that warrant a review by your estate planning lawyer include recently moving to the state, getting married or divorced, inheriting a large sum of money, the passing of a beneficiary, and purchasing new real estate. Today, we will look at another reason to contact your estate planning lawyer.

Changing DPOA or Beneficiaries

If you decide to make a change to your Durable Power of Attorney (DPOA) or beneficiaries, then this needs to be discussed with your Florida estate planning attorney right away. Your agents under DPOA’s, individuals named in your estate plan, and allocations of your property and assets will remain as stated until the changes are made, and the updates are executed.

Estate planning is a complex process that should be handled by a qualified estate planning lawyer. Pittman Law Office is comprised of qualified Florida estate planning lawyers and probate lawyers who are well-versed in the state laws governing estates. Not having an estate plan can cause significant issues for you and your loved ones. An estate plan offers protection and peace of mind. If you are looking for a probate lawyer or estate planning lawyer in The Villages area, we can help. Give us a call to schedule an appointment today!