Spring Cleaning Your Estate Plan: A Fresh Start for Peace of Mind
Spring is the perfect time to declutter, refresh, and reset—not just for your home but also for your estate plan. Just like organizing your space makes life easier, reviewing and updating your estate documents ensures your wishes are clear and your loved ones are protected.
5 Estate Planning Spring-Cleaning Tips
- Review Your Will & Trust
Life changes—marriages, divorces, births, deaths—may require updates to your will or trust. Make sure everything reflects your current wishes and relationships.
- Check Beneficiary Designations
Your retirement accounts, life insurance policies, and payable-on-death accounts should have the right beneficiaries listed. This step is crucial, as these designations override what’s in your will!
- Update Your Powers of Attorney
Ensure your financial and healthcare powers of attorney are up to date and assigned to the right people who will act in your best interest if needed.
- Review Your Digital Assets
Do you have a plan for your online accounts, social media, and digital files? Consider using a password manager and naming a digital executor.
- Organize & Communicate
Make sure your important documents are easy to find and stored securely. Let your loved ones and key decision-makers know where to access them in an emergency.
A Fresh Start for Your Future
Estate planning isn’t a “set it and forget it” process. By making it part of your spring refresh, you ensure your plan continues to serve and protect you and your loved ones. Need help reviewing or updating your documents? Schromen Law is here to guide you!
The material contained herein is for informational purposes only, and is not intended to create or constitute an attorney-client relationship between Schromen Law, LLC and the reader. The information contained herein is not offered as legal advice and should not be construed as legal advice.
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