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Craft it, forget about it; not an optimal recipe for estate planning

It is certainly as important as the act of initially creating a sound and tailored estate plan to take an occasional peek at it thereafter and make tweaks as necessary.

Because those tweaks -- and, sometimes, major revisions -- will become necessary. Life has a habit of rendering any "immutable and forever" plan, well, mutable.

That observation essentially serves as the bottom line uniformly espoused by a group of financial industry commentators recently in an article in which they offered up their views regarding the need to periodically adjust estate planning documents and legal instruments.

One of those contributors quickly underscored the importance of timely updates to estate plans through the summary telling of the following tale.

To wit: One client of his designated a guardian for his minor children years ago while drafting a will. He thereafter let planning details lapse, with a full 20 years going by before he got around to modifying that centrally important legal document.

While doing so, he noticed that his guardian choice of years ago for his minor children had subsequently become an alcoholic.

"Had the client died a few years earlier," states the aforementioned article, "there would have been a major problem." Luckily, that was not the case.

The story is told simply to convey a point, which can be easily buttressed by a veritable boatload of other cautionary tales -- some with potentially dire outcomes thankfully avoided, others with abjectly negative endings -- pointing to the need for every estate planner in Massachusetts and across the United States to occasionally revisit and update their plans.

An experienced estate administration attorney can help them do that.

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The Law Offices of Kimberly Butler Rainen
21 Central Street
Andover, MA 01810

Phone: 978-494-6730
Phone: 978-409-1928
Fax: 978-849-8212
Map & Directions

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We are in a 1700s Colonial located on the intersection between Brook Street, Central Street and Essex Street in historic downtown Andover, Massachusetts. The parking lot entrance is located on Brook Street, which is a one-way. From Central, turn down Essex Street. Before reaching the railroad tracks, when you see the St. Augustine Church on your right, take a sharp left turn on to Brook Street, which will turn you back toward Central Street. As you ascend the hill back toward Central Street, you will see large stone pillars on either side of the entrance to our parking lot. We have assigned parking spaces numbered 7 and 10.

From the parking lot, you may take the stairs located on the rear, left-side of the building up to the garden area, where the foyer entrance to our office is located. You can also follow the sidewalk on Brook Street up to Central Street, walk along Central Street past the main house entrance (with a wrought iron gate across the walk way) to an opening in the wrought iron fence, in to the garden area where the foyer entrance to our office is located.