Ask the Dolans: Should I re-address my estate planning documents when I move?
Filed under: Insurance, Retire, The Dolans
Dear Ken and Daria,
Do I need to re-address my estate planning documents when I move?
-Robert
Everyone -- and we mean everyone -- should have an estate plan that dictates how your assets will be handled after you're gone. We know it's not fun to think about, but without one your loved ones won't be cared for the way you'd like.
Of course, once you draw up your estate plan, it's important to re-visit it during big life events -- including a move out of state. Let's take a look at what your estate plan should include, and how to update it.
Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.
Click here to ask Ken and Daria your question.
Take the estate planning bull by the horns with Ken and Daria's guide to drafting your will the right way, only on Dolans.com.
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Reader Comments (Page 1 of 1)
9-04-2008 @ 6:55PM
Connor said...
Thank you for addressing this important question. From my understanding of reading the Nolo book on estate planning "plan your estate" that there is an important distinction whether you are moving between a "community property" versus a "common law" state. See page 49 of this book which I found to be a good resource.
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