will planning

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How To Tell If A Florida Will Is Out Of Date

Although estate planning documents may still be valid, they may not meet an individual’s needs beyond a certain date. Those who follow estate planning trends say that if a will was created over 10 to 15 years ago, it may be worthwhile to review and update it. For instance, wills created before April 2003 may not account for new HIPPA laws, which may make it difficult for someone with power of attorney to carry out certain health care wishes.

Wills that were created before 2005 may not account for state taxes on an estate on top of federal estate taxes.…

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