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Children An estate plan will likely include your kids, both biological and adopted. It should be noted that stepchildren are not usually included unless they are specifically mentioned. Thus, any time a new child joins the family, your estate plan will need to reflect this, along with their chosen guardian. Marriage and Divorce If you’ve been recently married or divorced, this change in family dynamics is an essential update — especially after a divorce, to ensure your assets do not wind up in the hands of your ex-spouse, update your estate plan immediately! A Move to a New State Estate planning laws change across state borders; thus, a review of your estate plan is necessary if you have recently moved to a new state. You want to keep your estate plan compliant with all state laws. Even when laws change, an estate plan attorney can assist you in keeping your plan current. Beneficiaries Has one of your beneficiaries recently passed away? Did you have a falling out with a beneficiary? Are you interested in adding someone to your plan? If you want to update your beneficiaries, do this right away. To care for your loved ones
the way you prefer after you are gone, frequently check that your list of beneficiaries is current!
Executors and Trustees If those whom you initially trusted to implement your plan after you passed away are no longer willing or able to carry out this job for you, it’s time for an update. You want to be sure everything is taken care of the way you want it to be.
Assets Has the value of your estate vastly changed since you last reviewed it? Did you recently purchase a new vacation home? Have you sold your boat and/or motorhome? Any significant change to your assets will require a plan reassessment to review how your property will be distributed. Your estate plan is an essential document that takes care of your loved ones when you can no longer. Keep it up to date to be sure you are doing your best for your family and friends after you are gone.
‘IRISH I KNEW THAT SOONER!’
6 Fun Facts About St. Patrick’s Day
That’s not his name. As mentioned earlier, St. Patrick is not his real name! When he became a bishop, Maewyn Succat changed his name to Patrick. He didn’t banish snakes. Legend has it that St. Patrick banished all of the snakes from Ireland. In fact, even some portraits depict him doing so. However, fossil records show that snakes were never present in Ireland around his lifetime. Corned beef and cabbage originated in America. On March 17, everyone loads up on corned beef and cabbage in celebration, but did you know that in Ireland, they ate ham and cabbage, and the corned beef tradition actually began in America? In the 19th century, Irish Americans bought leftover corned beef from ships returning from China. The first St. Patrick’s Day parade happened in America. Many believe that St. Patrick’s Day was first celebrated in Ireland, but in 1737, the first St. Patrick’s Day parades actually took place in Boston and New York City.
Year after year, we celebrate St. Patrick’s Day with green shamrocks, leprechauns, pots of gold, and Lucky Charms, but did you know that St. Patrick was actually British? Even more surprising, St. Patrick isn’t even his real name! Get ready to celebrate the luck of the Irish while impressing others with some fun St. Patrick’s Day trivia. The man’s British roots run deep.
St. Patrick isn’t Irish — he was born in Britain around the end of the fourth century. Legend has it that at 16 years old, he was kidnapped and sold into slavery by Irish raiders. After six years, he was able to escape back to Britain and returned to Ireland much later as a Christian missionary. Ireland named him the country’s patron saint after he passed away. March 17 isn’t St. Patrick’s birthday. Many believe that we celebrate St. Patrick’s Day on his birthday, but it’s actually the day he died in 461 A.D.
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