Estate Planning

Wall Street Journal: "Time to Update Your Estate Plan"

Fatigued by all of the headlines about the presidential elections these past few months, I almost missed a great article in the Wall Street Journal this week entitled "It's an Election Year; Is Your Will Updated?" All I saw as I glanced at the headline was "It's an Election Year . . ." to which I sarcastically responded "Well that's a newsworthy article!" and turned the page. Later, after a closer look at the headline and reading on, I came across a very sage bit of advice given by financial journalist, Karen Blumenthal. She suggests that families and individuals should update their estate plans between the conventions and the elections every four years "...much like changing the batteries in your smoke detectors every time we go on or off daylight-saving time."

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