Your will isn’t a one-time document that you can’t ever change. When you experience life events, it’s wise to reassess your estate plan and adjust it accordingly. Learn more about what you can change in your will and how to make changes when you’re ready.
What Can You Change In Your Will
After a major life change, such as getting divorced or buying a new property, you can change your will to reflect your new situation. Beneficiaries can change key factors, such as:
- Beneficiaries
- Executors
- Guardianship instructions
- Trust instructions
- Property and asset distribution
How To Make Updates Properly
Updating your will may take a few steps, depending on the changes. If you’re planning to make a few amendments, you’ll need to create a codicil. This is a simple amendment that confirms the changes. However, it’s highly recommended to create a new will if you want to make significant adjustments or if the old one doesn’t accurately reflect your current situation.
Our Estate Lawyers Are Here To Help
Making changes to your will after a significant event doesn’t need to be complicated. Our estate lawyers at Todd Cushner & Associates are here to help take the necessary steps to protect your assets. Please contact us at (914) 600-5502 to schedule a free consultation today.
