Why You Need An Estate Plan Review When Moving To A New State

When was the last time you did an estate plan review?

Moving to another state is a great time to consider an estate plan review.

Do your retirement dreams include moving to a new state? Has a new job required you to move to a different state? Those are just two common reasons people pick up and move from one state to another. Without question, the COVID-19 Pandemic caused many people to move. People fled from north to south and west to east, seeking less crowded environments and more opportunities to be outside. As remote work became more rule than exception, many people decided to relocate to another state since they could work from anywhere. Consequently, in the last few years there has been a lot of movement.

What many people forget during a move, is how their estate plan may be affected. Furthermore, they forget to do an estate plan review as well.

Most people do not realize not all states are the same when it comes to estate planning documents.

If you have moved in the last few years or are considering a move, make an appointment with an estate attorney in your new home state to review your estate plan. State laws governing wills, trusts, powers of attorney and health care directives can vary widely, and what may have been valid in one state might not hold true in another.

These differences can affect how real estate and other assets are titled and distributed upon your passing. Understanding these variations is critical for ensuring that your wishes regarding asset protection and distribution are upheld.

By carefully considering the legal implications related to wills, trusts, powers of attorney and health care directives, you can protect your assets, ensure proper distribution and appoint suitable surrogate decision-makers when moving to another state.

If you have recently moved from another state to Georgia, give my office a call at (470) 235-7868.  As one of the area’s most experience estate planning law firms, we can review your current estate plan and guide you through the process to help make the appropriate updates and amendments.

Looking to find an experienced estate lawyer in the Georgia area who is skilled in asset protection and estate plan preparation? Shannon Pawley is an attorney in Georgia with expertise in estate planning and asset protection. Shannon can provide assistance with creating an estate plan to include making a will and how to establish a trust properly. If you have questions about asset protection or questions about making an estate plan, reach out to Shannon and she will be glad to help answer all the estate planning questions you might have!