Triggering Events - Part 1

01This week’s question on the Retirement Quick Tips Podcast is: Have You Outgrown Your Estate Plan? 

Yesterday I talked about how an outdated estate plan poses significant risks, and that to avoid these risks, you should review your estate plan about every 3-5 years. 

But that’s in the absence of any triggering events. If you have a triggering event, which I’ll talk about over the next few days, you’ll need to review your estate plan and discuss with an attorney what changes are necessary. 

Today I’m going to talk about the 2 most common and most important triggering events, and tomorrow I’ll talk about some others that you may not have considered…