By Lane V. Erickson, Idaho Estate Planning Attorney
With the coronavirus pandemic raging throughout the world and in the United States I have had several clients talk to me about whether they should update their estate planning documents. It’s a wonderful question and it’s one that should be asked regularly by any individual who has their estate planning done. The reason for this is that life simply doesn’t stand still.
What I mean by this is that life is ever-changing. Our job, our marriage, or children, where we live, can all change very quickly. I usually suggest to my clients that they review their estate planning documents anytime they have gone through a major life change, or if nothing significant has changed in their lives they should review their estate plan every 5 years at least.