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Keeping Your Estate Plans Up-to-Date

  • Writer: Chad Anderson Law Firm
    Chad Anderson Law Firm
  • Oct 8
  • 3 min read

Estate planning is not a one-time task. Life changes, laws evolve, and your wishes may shift over time. Keeping your estate plan updates current ensures your assets are protected and your loved ones are cared for according to your intentions. This post will guide you through why and how to keep your estate plan up-to-date, with practical advice tailored for North Dakota residents.


Why Estate Plan Updates Matter


An estate plan is a legal roadmap for what happens to your property and responsibilities after you pass away or become incapacitated. Without regular updates, your plan may no longer reflect your current situation or wishes. Here are some reasons why updating your estate plan is essential:


  • Changes in family status: Marriage, divorce, births, or deaths can all affect who should inherit your assets or serve as guardians.

  • Asset changes: Buying or selling property, starting a business, or receiving an inheritance can alter your estate’s value and distribution.

  • Legal changes: State laws, including those in North Dakota, can change and impact how your estate is handled.

  • Executor or trustee changes: The person you initially chose may no longer be the best fit due to health, availability, or willingness.

  • Tax considerations: Updates can help minimize estate taxes and avoid unnecessary costs.


Keeping your estate plan current avoids confusion, legal battles, and unintended consequences for your family.


Eye-level view of a legal document on a wooden desk
Reviewing estate planning documents

How to Approach Estate Plan Updates


Updating your estate plan does not have to be overwhelming. Here are clear steps to help you manage the process effectively:


  1. Review your existing documents: Gather your will, trusts, powers of attorney, and beneficiary designations.

  2. List recent life changes: Note any major events like marriage, divorce, new children, or changes in assets.

  3. Consult a qualified attorney: A North Dakota estate planning lawyer can explain how state laws affect your plan and suggest necessary changes.

  4. Update beneficiary designations: Check your retirement accounts, insurance policies, and other assets to ensure beneficiaries are current.

  5. Revise your will or trust: Make changes to reflect your new wishes or circumstances.

  6. Communicate with your family: Let your loved ones know about your updated plan to avoid surprises later.

  7. Store documents safely: Keep your updated estate plan in a secure but accessible place.


Following these steps helps keep your estate plan aligned with your goals and legal requirements.


Close-up of a person signing legal papers with a pen
Signing updated estate planning documents

How often should an estate plan be updated?


There is no one-size-fits-all answer, but a good rule of thumb is to review your estate plan every 3 to 5 years. Additionally, update it immediately after any major life event, such as:


  • Marriage or divorce

  • Birth or adoption of a child or grandchild

  • Death of a beneficiary or executor

  • Significant changes in financial status

  • Moving to a new state, including within North Dakota

  • Changes in tax laws or estate laws


Regular reviews ensure your plan remains effective and legally sound. Setting a calendar reminder can help you stay on track.


High angle view of a calendar with a marked date
Marking calendar for estate plan review

Common Mistakes to Avoid When Updating Your Estate Plan


Even with the best intentions, mistakes can happen. Here are some pitfalls to watch out for:


  • Ignoring beneficiary updates: Forgetting to update beneficiaries on accounts can override your will.

  • Not updating powers of attorney: If your designated agent is unavailable or unwilling, your plan may fail.

  • Overlooking digital assets: Include instructions for online accounts, social media, and digital currencies.

  • Failing to communicate changes: Family members should know about updates to prevent confusion or disputes.

  • DIY updates without legal advice: Estate laws can be complex. Professional guidance ensures your updates are valid and effective.


Avoiding these mistakes helps your estate plan work smoothly when it matters most.


Taking the Next Step with Your Estate Plan Updates


If you have not reviewed your estate plan recently, now is the time. Whether you need minor tweaks or a complete overhaul, professional help can make the process easier. For North Dakota residents, working with a local attorney familiar with state laws is crucial.


You can start by exploring estate planning updates with trusted legal experts who understand your needs. They can guide you through updating your will, trusts, powers of attorney, and more.


Keeping your estate plan current protects your legacy and provides peace of mind for you and your family.



By staying proactive and informed, you ensure your estate plan reflects your wishes and adapts to life’s changes. Regular updates are a simple but powerful way to safeguard your future and support those you care about most.

 
 
 

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