Estate planning can feel like a daunting task. You may not want to think about it since it includes thinking about a time when you are no longer around for your loved ones. However, the reality is that estate planning helps your loved ones in the long run.
You and your spouse worked together to come up with a thoughtful estate plan. It covers all your beneficiaries, includes a medical directive and handles distribution of your assets. You believe you and your spouse have planned for every eventuality, when suddenly, live changes. Maybe you were blessed with a new grandchild, or one of your children got married. Whatever the life event, it seems like your carefully arranged estate plans may now need to change.