When do I need to update my will?

You need to update your will every three years or any time you go through a major life-changing event, according to financial expert Jean Chatzky.

Transcript

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[BLANK_AUDIO] You need to update your will every three years or whenever you go

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through any sort of major life-changing event. So if you get married, if get

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divorced, if you have a child, if you get an inheritance, if you start a business or close a business. Any of these things that make you

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stop and think about wow, my life has really changed, are signals that you should sit down, take a look at your will and ask yourself