Estate Planning

Frequently Asked Questions

How do I know if my Will needs to be updated?

An estate plan is usually not good forever. If your Will was prepared some time ago, there is a possibility that it needs to be updated. Family and financial circumstances change over-time. In addition, changes in federal and state laws may also have an impact on your Will.

 

Your Will may need to be updated if:

  • The value of your estate has changed over time

  • Your Will names a beneficiary who is no longer alive

  • The Executor named in your Will is no longer able to serve

  • Your Will was not prepared in Texas and does not meet Texas statutory requirements

  • Your current Will makes a specific gift of property to a beneficiary and you no longer own that property

  • Your children are now grown and you would like to provide for them in a different manner

  • You are now married and need to provide for your new spouse and/or children

  • You are now divorced and your Will names your ex-spouse as executor or beneficiary

  • You now have grandchildren and want to provide for them

  • You need a trust to provide for someone who is now disabled

If you are unsure about whether your Will needs to be updated, I will be glad to sit down with you and help you review your Will. If your Will is fifteen (15) pages or less, I can review the Will and discuss it with you during your appointment. There is no charge for this service (limited to 30-minute consultation). To set up an appointment, call us at (817) 386-5888.

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Patsy R. Glenn
Attorney at Law & CPA
5048 Trail Lake Drive,  Fort Worth, TX 76133

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