[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/nmichlaw.com\/blog\/could-it-be-time-to-modify-your-estate-plan\/#BlogPosting","mainEntityOfPage":"https:\/\/nmichlaw.com\/blog\/could-it-be-time-to-modify-your-estate-plan\/","headline":"Could It Be Time to Modify Your Estate Plan?","name":"Could It Be Time to Modify Your Estate Plan?","description":"Creating an estate plan isn\u2019t something most people look forward to, but it\u2019s critical if you want to protect you, your loved ones and your assets both now and in the future. It can be frustrating to learn that your &hellip; <a href=\"https:\/\/nmichlaw.com\/blog\/could-it-be-time-to-modify-your-estate-plan\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a>","datePublished":"2020-09-15","dateModified":"2022-06-16","author":{"@type":"Person","@id":"https:\/\/nmichlaw.com\/blog\/author\/nmichlaw\/#Person","name":"Alward Fisher","url":"https:\/\/nmichlaw.com\/blog\/author\/nmichlaw\/","identifier":10,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/63071aa228c966abd886a2cbb647b07806c39706d3fbac14fe9c4c475edc7457?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/63071aa228c966abd886a2cbb647b07806c39706d3fbac14fe9c4c475edc7457?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Alward Fisher","logo":{"@type":"ImageObject","@id":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/09\/logo-fisher.png","url":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/09\/logo-fisher.png","width":288,"height":103}},"image":{"@type":"ImageObject","@id":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/11\/featured-about-1.png","url":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/11\/featured-about-1.png","width":688,"height":382},"url":"https:\/\/nmichlaw.com\/blog\/could-it-be-time-to-modify-your-estate-plan\/","about":["Estate Planning"],"wordCount":292,"articleBody":"Creating an estate plan isn\u2019t something most people look forward to, but it\u2019s critical if you want to protect you, your loved ones and your assets both now and in the future.It can be frustrating to learn that your estate plan no longer suits all your needs, but it\u2019s better than ignoring the issue and hoping that it goes away.\u00a0Here are some times when you should consider reviewing and modifying your estate plan:The birth or adoption of a child: Bringing a new child into your family is one of the greatest joys of your life. However, it also comes with great responsibility, which is why you should consider how it\u2019ll affect your estate plan. For example, you need to name a guardian for the child.Marriage or divorce: Both of these will alter your life in a variety of ways, including your approach to estate planning. For instance, if you divorce your spouse, it\u2019s likely that you want to remove them from your estate plan. If you don\u2019t, it could result in serious disagreements upon your death.A lot of time has passed: Don\u2019t assume that the estate plan you created many years ago is still viable in today\u2019s world. You should review it regularly, as you never know when you\u2019ll find something that requires your attention.There are many reasons to\u00a0modify your estate plan\u00a0when necessary, including peace of mind and the ability to best protect your family and assets.\u00a0If you don\u2019t do this in a timely manner, it could result in legal issues upon your death. Protect your family and your estate by updating your plans as necessary. An experienced attorney can show you how."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/nmichlaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Could It Be Time to Modify Your Estate Plan?","item":"https:\/\/nmichlaw.com\/blog\/could-it-be-time-to-modify-your-estate-plan\/#breadcrumbitem"}]}]