How often should I update my estate plan?

You should review your estate plan every three to five years or after any major life change. Estate planning documents are not meant to remain static for decades without review. Laws change, personal circumstances evolve, and financial structures shift over time.

Major life events should trigger an immediate review. These include marriage, divorce, the birth or adoption of a child, relocation to a new state, significant changes in assets, retirement, or the death of a named executor, trustee, or beneficiary.

Massachusetts estate tax laws and probate procedures may also change over time. Periodic review ensures your documents remain compliant and aligned with current law.

Even without major life changes, reviewing your plan every few years helps confirm that fiduciary appointments still make sense and beneficiary designations remain consistent across accounts. Asset growth or business ownership may also justify adding or restructuring trusts.

Estate planning is a long-term framework, not a one-time transaction. Regular review ensures that your wishes remain clearly documented and legally enforceable.