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Updating estate planning documents is important

Many Kent area residents understand the importance of estate planning and have estate planning documents created. These are important documents in order to protect a family's assets and communicate a person's wishes. But keeping these documents up-to-date is also important.

Estate planning documents should always be updated when a person gets married or divorced. Also, when a beneficiary's life circumstances changes, the estate planning documents may need to be updated. This can include marriage, divorce, death, or have children. If a parent renews a relationship with an estranged child, the parent may want to add that child to their estate plan. Or if there are major changes in the law that affect estate plans. In addition, estate plans should be revisited every five years or so to make sure they are still relevant.

A legal professional who specializes in estate planning can help their client develop an estate plan that works for their family. Each family has their own unique needs and there are estate plans that can work for every situation. Estate plans can help families who have special needs children, who need to communicate their health care wishes, who have assets they want to keep in the family, and who just need help getting started. These, along with countless other situations, is what every Kent area family need to have done in order to gain peace of mind about the future and whatever it holds.

An estate plan is a good option for almost everyone. These important documents do need to be updated with major life events to make sure they are still relevant.

Source: record-bee.com, "Is it time to update estate planning documents?", Dennis Fordham, Aug. 23, 2017

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