Sowerby & Moustakis Law > Private: About > Annual Update System > Annual Communication and Update System: What can I do after I complete my Estate Plan?

Annual Communication and Update System: What can I do after I complete my Estate Plan?

It is often recommended that a person reviews his or her Will or Estate Plan at least periodically, or as circumstances change. Below are some circumstances which may occur in a person’s life that can warrant a consideration of updating a Will or Estate Plan:

  • A change in marital status
  • A change in health status
  • The birth or adoption of a child
  • A significant change in financial status
  • A significant change in tax or trust laws
  • The death of a beneficiary
  • A desire to add or change beneficiaries
  • A desire to change fiduciaries
  • The death or incapacity of a named trustee or other fiduciary

In order to keep a client’s estate plan up to date and in top working order, the Law Firm provides an Annual Communication and Update System to streamline minor changes to a person’s existing estate plan. An annual meeting is included with the System in order to determine what, if any, changes should be made to a person’s estate plan. Once the changes are identified the Law Firm will update the client’s existing estate plan to reflect such changes.

This System is intended to be a client privilege offered at a reduced rate to current and former clients as a way to thank them for their continued loyalty.

 

About the Author

Peter Moustakis
Peter Moustakis is the Managing Member of Sowerby & Moustakis, PLLC with locations in Massachusetts and New Hampshire. Peter has received an award related to estate planning, contributed to 2 family law publications and authored the book “Estate Planning and the Modern Family: Old School Meets New School. He is a former President, Vice-President, Secretary Treasurer and Education Coordinator of Business Networking International Commerce Connection in Wayland, MA. He is also the former vice chair of the animal law committee at the Massachusetts Bar Association and served on the New Hampshire Bar Association Ethics Committee. Peter believes that community service is important and has served on the Amherst town Ways and Means Committee for 4 years and was chair of the committee for 2 years.