1. If you do not have a personal plan.

2. When there is a change in your family situation.

3. When there is a change in your financial condition.

4. When there is a change in your desire as to who will receive the benefits of your estate.

5. When there is a change in income tax or estate tax laws that affect your estate.

6. In any event, every three to five years.

Some specific events that suggest a reivew is necessary include:

• New Tax Laws
  
• Marriage
  
• Divorce
  
• Death of a Spouse
  
• Inheritance
  
• Birth of a Child or Grandchild
  
• New Business Venture
  
• Purchase of Life Insurance Policy
  
• Purchase of a Home
  
• A Significant Job Promotion
  
• Moving to Different State
  
• Substantial Increase or Decrease in Financial Resources
  
• Children Become Financially Independent
  
• Retirement
  
• Your Business Becomes an Increasingly Important Part of Your Estate
  
• Owning Substantial Amounts of Property in Joint Names
  
• Your Decision to Make Sizable Gifts