Is it time to update your estate planning documents? My personal recommendation is that powers of attorneys be updated every 5 to 7 years. Wills and trusts should last generations, however small amendments may be need to reflect relationship changes (marriages, births, deaths, conflicts between parties, and acquisition of new property). Don’t put off changes until it is too late.
Monday, November 7, 2011
Is It Time To Update Your Estate Planning Documents?
Melinda Gustafson Gervasi is a Madison attorney and author whose current practice focuses on estate planning and probate. She is committed to increasing the public’s understanding of estate planning and probate issues. In 2013 she released her first book, Middle Class Philanthropist where she illustrates how anyone can leave a legacy. Gustafson Gervasi Law Office, LLC, 5555 Odana Rd., Suite 205, Madison, WI 53719
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1 comment:
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