If your holiday plans include travel, you will want to make sure that your Will and Revocable Trust are in order. Has it been awhile since you looked at those documents? You’ll want to make sure that the person you’ve named as guardian for your children is still the appropriate person. Is the person who is named as Executor or Trustee still the person you want managing the assets that are distributable to your children? Now that the children are older you may want them to receive distributions later (or earlier) in life. It makes sense to review your Wills and Trusts to ensure that they work the way you want them to work.
The same is true for your Powers of Attorney for Health Care and for Property. If you become disabled you want someone you trust to manage your assets and make medical decisions for you. Who you named years ago may not be the appropriate person today. There is still time to review all of your estate planning documents and make necessary changes before the holidays.