A: Possibly! An estate plan created 20 years ago may not reflect changes in your family, assets, goals, or current laws. It’s a good idea to review your trust every few years and after major life events such as births, deaths, marriages, divorces, or significant financial changes. A periodic review with an experienced estate planning attorney can help ensure your plan still works the way you intend.
Q: My spouse and I have a trust from 20 years ago. Should it be updated?
