Every year has new developments in estate planning. 2014 was no different in this regard. Some of the changes to estate planning in 2014 are very important to know about.
With 2014 just behind us, now is a good time to look back and see what changed in estate planning during the year. After all, the only true constant in life is change itself.
While the changes might not affect everyone, they are important enough for you to determine whether they impact your estate plan.
Recently, the Wills, Trusts & Estates Prof Blog published a list of the most important estate planning developments of the year in an article titled “2014 Estate Planning Developments.”
The list includes:
If you think that one or more of these developments might affect your estate plan, be sure to consult an experienced estate planning attorney early in the New Year. It is important to change your estate plan without delay or risk falling prey to procrastination.
Reference: Wills, Trusts & Estates Prof Blog (December 25, 2014) “2014 Estate Planning Developments“