It’s that time of year again—the one where you’re wrapping up work, holiday shopping, and your fifth helping of sweet potato pie. But while you’re checking everything else off your list, don’t forget about your estate plan. Yeah, I said it. Your estate plan deserves a little love, too.
At Norton Estate Planning & Elder Law Firm, we’re all about making estate planning simple, stress-free, and, dare I say, a little fun. Because let’s face it—there’s nothing more satisfying than starting the new year with your house (and your paperwork) in order.
Take Alex, one of my clients who came to me last December. He thought all he needed was a basic will, but after we talked, he realized he wanted more. By the time we were done, Alex had a trust for his kids, updated healthcare directives, and a plan that made him feel like the boss of his own future.
Here’s How to Wrap Up Your Estate Plan for the Year:
- Review Your Key Documents
Life moves fast, y’all. If you’ve had a new baby, gotten married, or started a business, it’s time to update your will, trust, or powers of attorney. Alex added a trust for his daughter after realizing his old plan didn’t reflect his new family dynamic. - Double-Check Beneficiaries
Retirement accounts, life insurance policies—these don’t update themselves. Make sure your beneficiaries match what you’ve got in your estate plan. Alex was shocked to find his ex-girlfriend still listed on one of his accounts (oops). - Use Year-End Tax Benefits
Charitable donations and annual gifting aren’t just good for the soul—they’re good for your taxes, too. Estate planning helps you make the most of these opportunities. - Keep It Fresh
An estate plan isn’t a “set it and forget it” kind of deal. Make it a habit to review your plan regularly, so it stays up to date with your life.
Estate planning doesn’t have to be overwhelming. With a little effort now, you can step into the new year with confidence and clarity. Request a free consultation and let’s get your plan in shape.
