It is important to remember that you should not create a will and forget about it. Wills should always be updated. Otherwise, there can misunderstanding surrounding your wishes for your estate after your passing.
The following are some examples of significant events in your life for which you should consult an attorney to update your will:
You got married;
Someone named in your will has died;
You had a child;
Your spouse or legatees have become disabled; or
You got divorced.
Even if no significant events in your life have occurred, it is still good practice to meet with your attorney every five years to update your will.
Why Should You Consult With Your Attorney?
The reason you should regularly consult with your attorney regarding updating your will, is that your assets can significantly change even in a brief period of time. Also, your relationships can change significantly over time. If your assets or relationships have changed, you may want to update your will to change who gets what.
If you have any questions regarding updating your will, do not hesitate to reach out to our Baton Rouge wills attorney at Losavio & DeJean, LLC. Call us today to discuss your will.