Sometimes older estate planning documents (documents five years old or more) no longer serve the purpose(s) for which they were originally designed. This can happen due to the passage of time, changes in the laws, changes in health and family circumstances, and a myriad of other reasons. Whatever the cause of document obsolescence, the key is committing to the avoidance of this planning irregularity through regular periodic review. In the review process it is not uncommon to uncover issues numbering in the double digits that need to be addressed. The review of existing estate planning documents is not only easy to initiate, it is one of the most productive of all planning activities.
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