With only a few days until the end of the year keeping your estate plan updated is an important step to take as 2025 approaches, according to one Sturgeon Bay estate planner.  Attorney Bob Ross of Ross & Liebmann Group 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 suggests changing your advance financial and healthcare directives and making charitable contributions for tax purposes before the New Year. He adds that the end of the year is the ideal time to evaluate your estate plan. This will allow you to account for changes to your financial situation, family dynamics, and the latest legal guidelines.