Estate planning should be considered a lifelong process.

TURNER & WIGGINS offer the following recommendations:

Your estate plan should be reviewed if you acquire significant wealth that may put you in a new income tax bracket or when there are changes in the economy or the tax code that may impact your current plan.

Additionally, you should review your estate plan soon after any major life event, such as marriage, divorce, birth of a child, death of a person named in your Will, or a move to a different state.

Other reasons to consider an Estate Plan review:

• Buying real estate in a state in which you do not live
• A decision to change the Executor, Trustee or Guardian
• Retirement
• Inheritance
• A beneficiary whom you have named in your estate plan has become disabled, incapacitated or has died
• Divorce of a child or grandchild
• Birth of a grandchild for whom you want to provide future tuition assistance

We recommend that you make it a point to review your estate plan periodically to ensure that it will work as desired when it is needed. TURNER & WIGGINS is here to help.