ypical reasons for changing or updating a Will are:
(1) You marry or divorce
(2) Birth or adoption of child
(3) Death of a family member or beneficiary
(4) Changes in the Federal Estate Tax laws or State Tax laws
(5) Substantial change in the value of your estate
(6) Change in the nature of your property holdings - for example, if your Will leaves the farm to a son, and the ranch to your daughter, and half the balance to your son and daughter, and then you sell the farm, your daughter would wind up with more (the whole ranch plus one half of everything else) than your son (who would get only one half of the balance).
(7) A Guardian or Executor or Trustee moves away, dies, or is no longer willing or able to serve
(8) Your children are no longer minors, or are old enough to handle financial matters on their own
(9) You move to another state
(10) You wish to eliminate gifts to certain beneficiaries
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