Estate planning documents often need review and updates

If New York residents want their estate plans to be free from mistakes, they will want to review those plans periodically. Without a proper review from time to time, errors could slip through the cracks, and after a loved one's death, surviving family members may have to deal with the fallout of those mistakes. Fortunately, reviewing and updating planning documents can take place whenever a person feels it necessary.

When looking over an estate plan, parties may want to assess their documents on an individual basis. This action means that rather than thinking about their plans as a whole, they consider each step they have taken in hopes of achieving their desired outcomes. This type of review may be particularly beneficial when parties may have made mistakes in regard to overlapping actions.

Another way to review an estate plan is to consider all property distribution documents as a whole. In many cases, individuals want to bequeath their assets in a manner that allows each person to receive a relatively equal share, even if the assets are not the same. By looking at all the property-related documents periodically, parties may be better able to catch issues in the event that a certain type of property becomes more valuable than others and distribution may no longer seem so equal.

Estate planning can be complicated, and when New York residents complete their plans, they may feel a sense of relief. However, the process does not end after the planning documents have been filed the first time. Many changes in life often come about that need reflecting through updated estate plans.

No Comments

Leave a comment
Comment Information
FindLaw Network

Let’s Talk.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

An Elder Law And Estate Planning Law Firm On Your Side.
Futterman, Lanza & Pasculli, LLP | Elder Law & Estate Planning Law Firm

satellite office

By Appointment Only

180 East Main Street
Suite 101
Smithtown, NY 11787

Phone: 631-894-4730
Fax: 631-979-9546
Smithtown Law Office Map

13 East Main Street
Bay Shore, NY 11706

Phone: 631-515-5978
Fax: 631-665-9262
Bay Shore Law Office Map

satellite offices
1050 Franklin Avenue
Suite 302
Garden City, NY 11530

Phone: 631-894-4730
Phone: 516-750-5511
Fax: 516-453-0299
Map & Directions

33 Flying Point Road
Suites 121/122
Southampton, NY 11968

Phone: 631-894-4730
Map & Directions