Tampa Estate Planning | When to Update Your Estate Plan
Tampa Estate Planning | Estate planning is not a one-time event. As good as it feels to finally get one in place, there are certain life events that trigger a need to review your estate plan and possibly redraft it:
- Marriage or divorce
- Birth or adoption of children
- Death of a previously named guardian for your children
- Disability or illness of your spouse
- Buying a home, real estate or other large assets
- Change in number of dependents; such as children becoming adults or taking on the care of an elder family member
- A significant change in assets; such as inheritance or selling of business
- Death of a family member
- Change in state or federal laws that would affect your estate
- Change in career or location
A safe rule of thumb is to review your estate plan every five years. Talk to a qualified estate plan attorney if you have any questions about a plan you drafted with a previous attorney.
A little bit about our firm:
For more than 10 years, Michelangelo Mortellaro has been relieving the stress of these families and providing guidance and solutions. He is a VA-accredited Elder Law Attorney and in Tampa, Fl who assists in Estate Planning and works to protect your home and assets, qualify for Medicaid and/or Veterans benefits, and establish a plan for those years ahead. Michelangelo is one of the few Tampa Bay area attorneys with a highly successful record of clients receiving approval for Medicaid and Veterans benefits at the same time. He appreciates the opportunity to guide individuals and families through the challenging maze of end-of-life decisions and issues.