When and How to Update Your Will 

When to Update Your Will
Here are some circumstances that make it vital to update your will:

• You want to name a different executor, trustee or guardian.
• Your assets have significantly increased or decreased in value.
• You've moved to another state.
• Your situation or a beneficiary's situation has changed. Has your family changed because of marriage, divorce, birth, adoption or death?
• You want to include a gift to us in your will. Consider leaving us a percentage of your estate or the balance remaining after bequests are distributed to your loved ones.
• The estate tax laws have changed. Check with your estate planning attorney to make sure your estate plan is up-to-date with the federal estate tax law changes effective Jan. 1, 2013.

Double Check
When changes occur in your life, remember to update your estate plans for assets not controlled by your will. For example, you may need to change beneficiary designations on your retirement plan assets or life insurance policies.