Moore Law Firm

Moore Law Firm

9949 W. Bell Road
Suite 201
Sun City, AZ 85351
Contact Us For A Courtesy Consultation
623-207-9153

How often should people update their wills?

Millions of Americans lose their lives each year. This heartbreaking time for family members is sometimes made even more difficult when people learn the deceased did not leave behind a will. In some cases, the person had a will, but he or she made it years ago to the point it is not applicable to today's circumstances. The best rule of thumb to follow is to review your will at least once a year to see if there is anything you would like to alter. 

In the event there is something about your will you want to change, make sure you change it in the presence of an attorney. This is the only way to ensure the court will follow your wishes upon your death. Aside from looking at your will once a year, you should also make necessary changes as needed when the following circumstances occur.

Changes in the family

The first time many people consider making a will occurs when they marry or have a child. As the years go on, you may need to alter your will if you divorce, remarry or have more children. You also need to update your will if loved ones pass away. You would not want to leave a significant part of your assets to someone if he or she is no longer part of the family or has preceded you in death. 

Changes to the tax code

State and federal governments change tax laws over the years, and you want to ensure your will and other estate planning documents utilize these new laws to the fullest extent. You may be able to help your loved ones hang on to more money so that a large portion of it does not go toward taxes. 

Changes to personal fortune

You may come into a great deal of money over your lifetime. Conversely, you may also lose a substantial portion of your money. Either way, you want your will to reflect these new circumstances. 

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Client Testimonials

I got the family trust updated.
I was very pleased with the expertise and professionalism exhibited by your staff in serving my needs.

I needed to review my Will, recommended by my son.
Mr. Farrer’s expertise helped me realize that a Trust would better serve my needs.
The staff and Mr. Farrer were very professional and friendly (not cold). Thank you. Very comfortable atmosphere.

Our legal documents were outdated due to time and circumstances.
The staff at Moore Law Firm worked with us to develop a trust and other legal documents which meet our current as well as our future needs.
The staff at moore law firm were so professional, knowledgable and friendly to work with. They worked beyond to accomodate our needs. Thank you all.

Moore Law Firm
9949 W. Bell Road
Suite 201
Sun City, AZ 85351

Phone: 623-207-9153
Phone: 623-207-9153
Fax: 623-977-7237
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B.Moore Law Firm