When to review: The American Bar Association recommends revisiting estate plans after significant life events (marriage, divorce, birth/adoption, death of an heir, relocation), or periodically to reflect changes in laws, assets, or wishes. American Bar Association
Life events that often trigger changes
- Marriage, divorce, new partner, or prenuptial agreements
- New child or grandchild; special-needs planning
- Purchasing or selling a home/business; major asset changes
- Moving to a new state (different probate/tax rules)
- Death or incapacity of a beneficiary, executor, or trustee
- Changes in tax law or creditor protection needs
How to update (safely)
- Call your estate-planning attorney. They’ll advise whether to execute a codicil (amendment) or a new will.
- Sync your beneficiary designations. Retirement accounts, life insurance, and transfer-on-death (TOD) accounts override your will if they conflict.
- Coordinate with your trust. Many plans pair a revocable trust with a “pour-over” will. Make sure both reflect your current wishes.
- Notify your fiduciary team. Tell your fiduciary, CPA, and advisor what changed (and where originals are stored).
- Destroy superseded copies per your attorney’s instructions and update your digital vault.
Smart maintenance cadence: After major events—or at least every 3–5 years—book a quick review so small changes don’t become big headaches.
