Once a person signs a will and tucks it away for safekeeping, the old saying comes to life: “Out of sight; out of mind.” On one hand, it is good to be relieved of the worry of intestacy (dying without a will). On the other hand, things change and a will that becomes outdated can cause problems.

This is why we encourage you to review your will annually. It takes just a few moments, but the practice can spare your loved ones some heartaches down the road. Rather than dig out the original that may rest in a safety-deposit box, make a copy and keep it handy for easy reference.

One reason for reviewing your will is change in the status of your dependents. If you no longer have underage children, you may want to revise any custodial trusts created by the will.

If you are older and weary of handling your financial affairs, maybe it is time to create a living trust to permit someone else to care for these needs. Make one or more of your children the trustee(s), or engage a bank or trust company for this purpose.

Has there been a death in the family? A redistribution of assets may be in order. Does an adult child need more assistance than your other children? Again, a revised will might be in order.

Changes in your finances, health, or family are important considerations. Charitable giving priorities may also change. If your children are doing well on their own, you may want to increase your bequest to your favorite charity.

Wills and other estate-planning documents are only as good as they reflect your current needs and priorities. So take the time to read them over at least once a year. Talk about these things with your family. Give yourself the continuing satisfaction that your house is in order.

If you have never prepared a will, now is the time to take care of this important matter. We can assist you in finding a competent estate-planning attorney. Whether or not you choose to include a bequest for the Jewish Federation in your will, we are eager to see you complete or update your plans for the sake of your loved ones and for your own peace of mind.

(Please note that the information above is not intended as legal or financial advice. If securing the future of the Jewish people is important to you, including the Foundation of the Jewish Federation of Atlantic and Cape May Counties in your estate plan will help you to accomplish this goal. To learn more contact David Schultz, foundation director, or Bob Seltzer, Esq., executive vice president, Jewish Federation of Atlantic and Cape May Counties. 822-4404)