Estate Planning Annual Check-Up

Estate Planning Annual Check-Up

A trust is not a static instrument. To serve its purpose, your trust must keep current with life changes. You should periodically review your trust, staying alert to new or different circumstances that might call for updates. Some of the items prompting the need for an update include the following:

1. Have You Considered How Switching from an AB Trust to a Disclaimer Trust

May Save Thousands in Future Trust Administration Charges Due to the

Increased Estate Tax Exemption?

2. Have Any of Your Successor Trustees Passed Away and Need to be Replaced in

Your Trust?

3. Have You Added Any New Family Members in the Past Year?

4. Have You Added Any New Assets to Your Estate During the Past Year?

5. Do You Need to Preserve Your Inheritance for Your Grandchildren Should Your

Son/Daughter Die and Their Surviving Spouse Re-Marry?

6. Do You Have a Guardianship in Place for Your Minor Children?

7. Have You Refinanced Your Home and the Bank Took Your Home Out of the Trust

but Failed to Retitle it Back in to the Trust?

8. Do You Hold Title to Any Real Estate in Joint Tenancy with a Child or

Grandchild?

9. Does Your current Estate Plan Protect Family Members with Drug, Alcohol and/or

Gambling Issues from Losing Their Inheritance?

10. Have You Neglected to Include Powers of Attorney for Your Unmarried Adult

Children?

If you answered "YES" to any of the above, please contact our office for a FREE review session to make sure it is still current.

Contact Mark Klein at info@securitylegalservices.com or call (949) 453-7979 to schedule an appointment.

Let us help you have the peace of mind you deserve!