Law Offices of Frye & Vazquez, P.L.
Call Today. 305-508-5749 | 877-421-5473

Is it time to revise your will?

Documenting your wishes in a will is one of the best ways to protect them and ensure they are properly carried out. It can be a difficult process to create a will, but once you have one in place, you can be confident that you, your assets and your loved ones are taken care of.

However, your wishes can change over time, especially when your financial circumstances and your network of family and friends changes. In order to make sure your will and other estate planning documentation remains relevant and accurate, you would be wise to periodically review them and make certain changes.

There are some common events that could spark a need for changing (or at least reviewing) your will, as noted in this FindLaw article. These events include:

  • Remarriage or divorce
  • Having a child or welcoming a grandchild into the family
  • Losing a loved one
  • Deterioration of a personal relationship
  • Significant influx or loss in personal wealth
  • Life-changing medical event
  • Passage of several years since you last reviewed your will

Under these circumstances, there could be a few critical details that need to be revised in order for your will to be up-to-date and an accurate representation of your wishes.

If you decide to just draw up a will and then never review it again, you could be putting your loved ones in a very difficult position. In many cases, someone can have grounds to challenge the will, which can lead to a lengthy probate process. Feelings can be hurt and relationships can be jeopardized if someone is left out of a will. Further, your wishes for how you want your assets distributed could be left in the hands of a stranger if your will is outdated.

Rather than risk any of these unfortunate complications or put your friends and family through more grief, you would be wise to regularly review your will and estate plan with an attorney and make any changes that you may feel are necessary.

No Comments

Leave a comment
Comment Information

What Our Clients Are Saying

  • It is difficult enough to cope with the emotional challenges of closing a parent's estate, and when you are also faced with the issue of your parents having insufficient documentation, and being remote from your siblings… - Zara L.
  • Austin Frye provided legal services to my father while alive and to his estate after his death; when showing the EP docs his firm prepared to other professionals (lawyers, financial advisors, accountants)… - Mark S
  • I've been a client of Austin Frye's for over 10 years. In that time, he's handled my estate/trust planning and asset protection as well as complicated business deals. - Leslie
  • Mr. Frye recently set up a complicated special needs trust for my son and, as usual, did a great job explaining it and in putting our minds at ease about our son's future well-being. - Dr. Howard
Read More...
  • NYSBA
  • Massachusetts Bar Association
  • The Florida Bar 1950
  • CFP
  • Florida Bar Elder Law Member
  • Academy Of Florida Elder Law Attorneys
  • Florida bar Business law Member
  • NAELA National Academy of Elder Law Attorneys, Inc.
Email Us For a Response

Contact Us For Personal Attention To Your Legal Matter

Bold labels are required.

Contact Information
disclaimer.

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.

close

Privacy Policy

Office Location

Get In Touch With Us
20900 W. Dixie Highway
Aventura, FL 33180

Toll Free: 877-421-5473
Phone: 305-508-5749
Map & Directions