does-a-new-year-mean-a-new-estate-plan

The new year means New Year’s resolutions. For many of us this means focusing on lifestyle changes. From eating right and exercising more to spending time with loved ones and focusing on ourselves, many of us have a substantial list. As you were making your New Year’s resolutions, however, were you thinking about the health and well-being of your estate plan?

We find that when we ask our clients, many of them answer “no”. While this is not incorrect, we would ask you if your estate plan truly reflects what you need this year. The start of the new year represents a new beginning. For most of us, we need to ask if the estate planning that we completed in the however long ago, still reflects what we need for ourselves, our loved ones, our businesses, and the future.

There is no one reason why you should, or should not, update or change your Florida estate planning. The reasons why can vary and include, but are not limited to, any of these:

• Divorces

• Remarriages

• Deaths and births

• Changes to the law

• Necessary changes to decision makers

• Changes to your residence

• Changes in your financial structure

• Planning for retirement

Any of these reasons, and more, could be a reason to update your Florida estate planning. The key to your estate plan success is to ensure that it reflects what you need both in life and in death. While many of us focus solely on the fact that the estate plan is necessary to decide who may inherit from you at the time of your passing, it is equally important to know who will have the legal authority to make your decisions in a crisis.

Law Offices of John Mangan, PA
Palm City-Stuart, FL

CALL: 1 (772) 218-0480

Do you question the need for attorney guidance with so many online resources? Because laws and regulations are complex, and because every person has a lot at risk, more people than ever are seeking professional guidance from an experienced, knowledgeable source. That helps explain the rapid growth of our firm. Whether you happened upon this website by accident or are one of the many referrals we receive from a nearly 15-year collection of satisfied clients, our staff can provide customized estate planning guidance for you. Call us. Our number: 1 (772) 218-0480

Written by: John Mangan, JD, MBA