Spring is a time of renewal, making it the perfect occasion to review your estate plan. Life changes, such as births, deaths, marriages, and divorces, can impact your plan’s effectiveness. Take this opportunity to ensure your wishes are accurately reflected and your loved ones are protected.

Consider the following during your review:

1. **Life Changes**: Have there been any significant life events since the last update of the estate plan? Births, deaths, marriages, divorces, or changes in health status can all necessitate revisions.

2. **Asset Updates**: Have there been any changes in assets or liabilities? It’s essential to ensure that all assets are properly accounted for and aligned with the intended distribution plan.

3. **Beneficiary Designations**: Review beneficiary designations on retirement accounts, life insurance policies, and other assets to ensure they are current and reflect your wishes.

4. **Executor and Trustee Designations**: Confirm that the individuals named as executors, trustees, or guardians are still suitable and willing to fulfill their roles.

5. **Tax Implications**: Stay informed about changes in tax laws that may affect estate planning strategies, such as estate tax exemptions or gift tax limits.

6. **Healthcare Directives**: Review healthcare directives, such as living wills and healthcare proxies, to ensure they accurately reflect your wishes for medical treatment.

7. **Contact us**: Offering these tips we hope to empower you to take proactive steps in managing your estate plans. Fostering a sense of security and peace of mind as you move forward into the new season.