Staying on top of your estate plan is essential for protecting your family and preserving wealth. This guide explains why experts recommend reviewing your plan every three to five years or whenever a major life event occurs. Learn how marriage, divorce, births, deaths, new assets, relocation and tax law changes—including the 2026 increase of the federal estate tax exemption to $15 million palmcitylawyer.com —should trigger updates, and discover practical steps for keeping up

The One Big Beautiful Bill Act dramatically changes the estate‑planning landscape by permanently increasing the federal estate, gift and GST tax exemptions to $15 million per individual and eliminating the planned 2026 sunset. While this provides welcome certainty and additional capacity for tax‑free wealth transfer, trustees must continue to plan carefully. State taxes, potential legislative changes, asset growth and family dynamics all still require thoughtful strategies.

Climate change poses new challenges for real estate investors, and trustees must adapt. By understanding climate risks—rising seas, extreme weather, wildfires and heat—trustees can evaluate their portfolios, diversify holdings, invest in resilience, obtain appropriate insurance and decide when to divest. Incorporating climate considerations into investment policies and communicating with beneficiaries ensures that trust assets remain secure in a warming world.