• RSS Twitter

  • RSS Connecticut Lesbian & Gay Law Blog

    • Colorado Civil Unions Bill Passes Senate
      Yesterday,  a Colorado Senate committee voted 3-2 to pass Senate Bill 11, which would legalize civil unions for same-sex couples in that state.  The bill was opposed by Republicans in that vote.  The bill will now be heard by the Appropriations Committee before it reaches Gov. John Hickenlooper’s desk.  The bill is expected to become [...] […]

  • RSS A Connecticut Law Blog

    • Freed McKeen “Race To Fill The Pantry”
      “50 million people in the U.S.-one in four children-don’t know where their next meal is coming from, despite our having the means to provide nutritious, affordable food for all Americans.” – A Place At The Table Freed McKeen, LLC has teamed up with the Glastonbury River Runners to bring you the “Freed McKeen Race To [...] […]

  • RSS The Nutmeg Lawyer

    • The Sandy Hook Conspiracy
      My two cents.  Since the tragic shootings at Sandy Hook, I have noticed an increase in people creating Facebook conspiracy pages. Dubbed "truthers", many people have called into question whether this horrific event even occurred.  Some of them are even posting private family photos of the children who died.  If you are one of these people, I wo […]

  • RSS Connecticut Employment Law Blog

  • RSS A Public Defender

    • Sped up death warrants producing bizarre farce in FL
      There’s something really strange going on in Florida right now. Apart from Gov. Rick Scott’s puzzling failure to sign the ‘Timely Justice Act’ which I’ve excoriated here and here, there’s an absolutely insane set of circumstances playing out in the imminent execution of William Van Poyck. It seems that, rather than sign the bill, Gov. [...] […]

  • RSS Connecticut Sports Law Blog

    • Friday Sports Briefs
      In lieu of Friday Sports Briefs, I’ll continue to cover the 2013 Sports Lawyers Association Annual Conference on Twitter @ctsportslaw. […]

  • RSS Connecticut Employee Rights Blog

    • Office Depot’s Overtime Scheme violates Federal Law!
      A federal judge in New Jersey recently ruled that Office Depot’s overtime scheme, modeled after the federal “fluctuating work week” method of overtime pay, violates the federal Fair Labor Standards Act.  I know, you are probably saying, “what does that mean?”  Let me explain. As most of you know, we have had a law in [...] […]

  • RSS Connecticut Business Litigation Blog

    • What To Do If You Suspect Your Business Partner Is Stealing - Some Basics
      In any case involving theft by a business partner or business dispute, it is very important to have an understanding of the basic issues and legal framework. Although these cases often involve complex problems, you cannot determine a good course of action without starting with the basics. Here are 5 of the basic issues and what to do if you anticipate a bus […]

Is it Time to Update Your Will?

Posted By Irene C. Olszewski, Esq. on April 4, 2012

WillAssuming you already have a valid Last Will and Testament, when should you update the document?   If you have a Will, read on.  If not, call your lawyer and have one drafted.

In general, your Will should be updated if you marry or divorce.  Your present Will may not reflect your intentions accurately.  For example, while you are married, you likely want your estate to pass to your spouse if you die first.  You are also likely to want your spouse to oversee bequests you leave to your children.  After a divorce, the opposite is usually true.

If one of the beneficiaries named under your Will dies, you should review it to determine if you planned for that event under the terms of your Will.  Likewise, if you give birth to — or adopt — a child, it’s important to update your Will to include provisions for that child.

When your assets change — such as winning the lottery or receiving an inheritance — you should have your attorney revise your Will to reflect those newly acquired assets.  If you have minor children, this is critically important if you want to control how that money will be used for their benefit after your death.

There are other circumstances under which you should consider updating your Will.  When in doubt, consult a licensed attorney.

————————————

Follow Attorney O’s Midnight Musings blog on Facebook for all blog posts as well as additional stories and links of interest.  Be sure to LIKE our page.

————————————

Follow the Law Offices of Irene C. Olszewski, LLC on Facebook for all posts from both of my blogs as well as additional stories and links.  Be sure to LIKE our page.

——————————

Visit us on Google+ and be sure to join our circle.

————————————

Disclaimer: The information, comments and links posted on the blog do not constitute legal advice. I will not respond to any specific legal questions in the comments section of this blog. Read my entire disclaimer.

copyright 2012 Irene C. Olszewski

Bookmark and Share

Categories: Last Will and Testament
Tags:

About the author

Irene C. Olszewski, Esq.

Comments

Leave a Reply

Please note: Comment moderation is currently enabled so there will be a delay between when you post your comment and when it shows up. Patience is a virtue; there is no need to re-submit your comment.

« Mediation for Divorcing Couples with Children     Blumenthal to Introduce Bill Banning Employers from Requiring Social Media Passwords »