Once you have completed your will, your durable power of attorney for health care and a living will you may feel like everything is organized and finalized. But life changes and your plan will also need to be reviewed. Here are some of the reasons to consider reviewing and updating your plan.
New children, grandchildren or other heirs
Move to a different state
Sale or purchase of a major asset
Reaching age 72
Your selected beneficiary is deceased
Divorce or remarriage
Substantial change in value
Adding a major property to a living trust
Selector executor or trustee not available
Passage of time
Because estate plans are affected by changes in your life and in the laws it is recommended that every three to five years you go over your plans with your attorney.
It is a privilege and honor for the Benedictine Sisters of Mount St. Scholastica to be named as a beneficiary in your gift planning. All benefactors are listed in our Book of the Dead and remembered in our prayers yearly all through the month of November.
Sister Mary Agnes Patterson, OSB at 913-360-6215 or email@example.com.
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002
Tax ID: 48-0548363