Daylight Savings Time began on Sunday, March 8th. In addition to the usual changing of the clocks on this date, we believe that the beginning of Daylight Savings Time is a great time to take action involving your estate plan.
With the beginning of Daylight Savings Time, we recommend that you review your Trust, Wills and Powers of Attorney to make sure that they correctly set forth who you want to receive your assets when you die, who you want to manage your assets and who you want to make your health care decisions if you cannot do so.
This is also a great time to make a list of your current assets and finances, including your accounts, insurance policies and safe deposit boxes. You may also want to make a list of your “online” assets such as your social media profiles and passwords.
It is important to review your estate plan periodically, and choosing to do so on an annual event or holiday makes this easy for you.
[Disclaimer: The materials contained on this website have been authored or gathered by the Law Offices of Stuart D. Zimring, and are intended for informational purposes only. It is not intended to be and is not considered to be legal advice. Transmission is not intended to create and receipt does not establish an attorney-client relationship.]