{"id":1446,"date":"2022-11-11T01:28:45","date_gmt":"2022-11-11T01:28:45","guid":{"rendered":"https:\/\/law-oh.com\/?p=1446"},"modified":"2022-09-28T14:47:13","modified_gmt":"2022-09-28T14:47:13","slug":"ensure-you-have-an-up-to-date-estate-plan","status":"publish","type":"post","link":"https:\/\/law-oh.com\/ensure-you-have-an-up-to-date-estate-plan\/","title":{"rendered":"Ensure You Have an Up-To-Date Estate Plan"},"content":{"rendered":"<p>In case of major life changes such as births, marriages, divorces, or moving to another state, you should check your estate planning documents every so often. Children grow up, marriages dissolve, property gets sold, and residences change. That\u2019s why we recommend that you consult us for an estate plan check-up every five years or so.<\/p>\n<h2>What Happens If You Retire in Another State?<\/h2>\n<p>If you retire to another state, your will would probably be good, but powers of attorney vary from state to state. Documents from the \u201cold\u201d state might not work in the \u201cnew\u201d one, and your documents would not be there for you when you need them.<\/p>\n<h2>How Does a Spouse or Ex-spouse Effect My Estate Plan?<\/h2>\n<p>Suppose you willed your property to your spouse and appointed that person to be your power of attorney. You got divorced, but you never got around to changing your plan. The law would usually step in to prevent your ex-spouse from inheriting, but you might be stuck with that person holding power of attorney over your property and health care.<\/p>\n<p>Maybe you named your ex-spouse\u2019s father as your executor and agent. Now he can\u2019t stand you and blames you for the breakup.<\/p>\n<h2>How Do I Divide my Assets Equally to my Children?<\/h2>\n<p>Perhaps you willed your property to your two children equally \u2013 but now one child is addicted to opioids. Your will did not restrict how money should be spent. If your addicted child inherits a lot of money in one chunk, that money could vanish to drugs and your child\u2019s survival might be at risk.<\/p>\n<p>Or, you deeded your house to one child and made a will leaving money to your other child. Then you forgot about the deed and made another will, years later. That will split everything equally. The law would invalidate the second will as to the house because deeds supplant wills. Consequently, one child might end up receiving more value than the other. That unfairness might sour the children against each other forever.<\/p>\n<p>If you got divorced, sold property, moved to another state, or did your documents more than five years ago, come see us for an estate plan check-up.<\/p>\n<p>When it comes to estate planning, \u201conce is not done.\u201d We hope you found this article helpful. <a href=\"https:\/\/law-oh.com\/contact\/\"><strong>Contact<\/strong><\/a> <strong>our office at <\/strong><a href=\"tel:%207409477277\"><strong>(740) 947-7277<\/strong><\/a><strong> and schedule a free consultation to discuss your legal matters.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In case of major life changes such as births, marriages, divorces, or moving to another state, you should check your estate planning documents every so often. Children grow up, marriages dissolve, property gets sold, and residences change. That\u2019s why we recommend that you consult us for an estate plan check-up every five years or so.&hellip;<\/p>\n","protected":false},"author":2,"featured_media":1442,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15,17,38],"post_series":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ensure You Have an Up-To-Date Estate Plan - Seif &amp; McNamee<\/title>\n<meta name=\"description\" content=\"In case of major life changes such as births, marriages, divorces, or moving to another state, you should check your estate planning documents every so often.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/law-oh.com\/ensure-you-have-an-up-to-date-estate-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ensure You Have an Up-To-Date Estate Plan - Seif &amp; 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