5 Reasons to Update Your Trust
A trust is an important document that helps make sure your requests are carried out, after you pass. If you have certain wishes as to who should receive each of your assets, establishing a trust at the Lake of the Ozarks might be right for you. Our Lake of the Ozarks law center can help you get your end of life wishes in order. If you already have a trust in place, you may need to make updates or amendments to it. With any life change, it’s important that you view your trust for necessary changes as well. Take a look below for examples of changes in your life that may result in needed updates to your trust. 5 Reasons to Update Your Trust: Change in Marital Status A change in marital status certainly calls for an update to your trust. Whether you are getting married, getting divorced or getting remarried, it’s a good idea to make sure your beneficiaries are up-to-date. If something were to happen to you today, who is designated to receive your assets? If you aren't sure ...