Editor's note: This is the fourth article in a monthly step-by-step guide for getting your financial house in order. We've already brought you info on compiling your net worth statement, asset titling and beneficiary designations and the importance of powers of attorney. For July, we're taking a deep dive into wills, trusts and related documents.
Even the best-drafted estate plan isn't "set it and forget it." Your life changes over time — with marriages, births, moves and wealth accumulation — and your estate plan should evolve accordingly.
