Keeping your estate plan updated is as important as preparing your personal taxes in the New Year, according to one estate planner. Bob Ross of Ross Estate Planning in Sturgeon Bay says reviewing and updating one's estate plan should also be done when changes occur in your family. He says one should take note of life-changing events that may affect their estates.
Ross says people may want to make changes to their advance financial and health care directives as well as take advantage of charitable contributions for tax purposes before the New Year.
