Estate Planning Mistakes

How often should I review my estate plan to avoid costly mistakes?

Estate planning experts typically suggest reviewing your documents every 3-5 years or after major life events like marriage, divorce, births, deaths, or significant financial changes. Many families make the mistake of creating their estate plan once and never updating it, which can lead to outdated beneficiary designations, incorrect guardian appointments, or assets going to unintended recipients. Regular reviews help ensure your documents reflect your current wishes and family situation.