Aug 2023

How often should you update your estate plan?


This will depend on how often your circumstances change.

Here's a good rule of thumb:

  • You should update your estate plan every five years, or whenever a significant life event occurs.
  • Consider any "significant life event" as a "change in circumstances" which then triggers the need to update your estate plan.

Here are some examples of a change in circumstances:

  • buying a house
  • starting a business
  • birth of new child
  • birth of grandchildren
  • getting a divorce
  • being diagnosed with a serious medical condition
  • winning the lottery
  • receiving an inheritance
  • etc.

Need to know more or you’d like to discuss your options?

Simply book an appointment with one of our consultants

Alternatively, call us on 01233 659 796.