{"id":8027,"date":"2019-10-01T13:26:19","date_gmt":"2019-10-01T20:26:19","guid":{"rendered":"https:\/\/www.racinelaw.net\/blog\/?p=8027"},"modified":"2019-09-24T13:30:27","modified_gmt":"2019-09-24T20:30:27","slug":"avoidable-mistake-failing-ot-update-your-estate-planning","status":"publish","type":"post","link":"https:\/\/www.racinelaw.net\/blog\/avoidable-mistake-failing-ot-update-your-estate-planning\/","title":{"rendered":"AVOIDABLE MISTAKE: FAILING OT UPDATE YOUR ESTATE PLANNING"},"content":{"rendered":"

By Lane V. Erickson<\/a>, Idaho Estate Planning Attorney<\/p>\n

As an estate planning attorney I see all kinds of mistakes people make when it comes to estate planning. For most people, the biggest mistake is that they don\u2019t get any estate planning done at all. They have no documents, including no last will and testament<\/a>, no power of attorney<\/a>, no living will<\/a>, and no power of attorney for health care<\/a>. However, there are other devastating mistakes that a person can make when it comes to their own estate plan. Perhaps the most common one is when a person does get their estate planning documents done but they fail to keep these documents properly updated. That is the focus of today\u2019s article.<\/p>\n

I like to tell people that their documents including their will and so forth, have a shelf life. In fact, it\u2019s a good idea to think about your estate-planning as having an expiration date. Most importantly, your documents need to be updated anytime you go through a major life change. Major life changes include the birth of someone, the death of someone, a marriage, a divorce, someone moving away, or just the passage of time. A couple of examples will help illustrate what this means.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

By Lane V. Erickson, Idaho Estate Planning Attorney As an estate planning attorney I see all kinds of mistakes people make when it comes to estate planning. For most people, the biggest mistake is that they don\u2019t get any estate planning done at all. They have no documents, including no last will and testament, no […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-8027","post","type-post","status-publish","format-standard","hentry","category-estate-planning"],"yoast_head":"\nAVOIDABLE MISTAKE: FAILING OT UPDATE YOUR ESTATE PLANNING — Idaho Law Blog — October 1, 2019<\/title>\n<meta name=\"description\" content=\"By Lane V. Erickson, Idaho Estate Planning Attorney As an estate planning attorney I see all kinds of mistakes people make when it comes to estate — October 1, 2019\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.racinelaw.net\/blog\/avoidable-mistake-failing-ot-update-your-estate-planning\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"AVOIDABLE MISTAKE: FAILING OT UPDATE YOUR ESTATE PLANNING — Idaho Law Blog — October 1, 2019\" \/>\n<meta name=\"twitter:description\" content=\"By Lane V. 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