Your estate plan is not “set it and forget it,” and in this episode of Plan for This, Marguerite and Ron walk us through the case of Lila and Jerry, a couple whose trust and documents are more than 25 years old. What begins as a simple review quickly reveals risks: outdated language, missing successor trustees, unclear incapacity provisions, banking limitations, and amendments stacked on amendments.

Marguerite explains why major life changes, aging, blended families, property shifts, and even evolving laws can render an estate plan ineffective if it is never updated. Ron highlights emotional realities, like a spouse who resists change, fears losing control, or clings to outdated instructions without realizing the consequences.

Listeners learn the differences between amendments and restatements, how to prepare for a trust attorney's visit, why incapacity triggers must be explicit, and what conversations spouses should have before crisis strikes.

This episode is a practical roadmap for anyone wondering whether their estate plan is still serving them, or quietly putting their family at risk.

Welcome to the *Plan for This Podcast*—your trusted source for estate planning, wills, trusts, caregiving, and financial preparedness.

Hosted by Marguerite Lorenz and Ron Greenwald, we simplify complex topics into clear, actionable steps that help you protect what matters most.

📌 In this episode:

00:00 – Introduction to Lila & Jerry’s outdated estate plan

01:02 – Why 25-year-old documents are a problem

02:20 – Life changes that require updating a trust

03:40 – How amendments differ from restatements

05:12 – Emotional resistance: “Why change what isn’t broken”

06:30 – Preparing for an attorney’s home visit

08:05 – Reviewing incapacity provisions and triggers

09:18 – Successor trustees: who, when, and why

11:10 – Banking issues and access to accounts

12:50 – Protecting the healthy spouse when one declines

14:15 – House title, refinancing complications, and old language

15:30 – Why reviewing documents every few years is essential

17:00 – Avoiding conflict between children and second spouses

18:22 – What Lila should ask Jerry before the lawyer arrives

19:40 – Final recommendations for aging couples

20:45 – Standard PlanFan CTA

✨ What You’ll Learn on This Channel:

- Estate planning basics (wills, trusts, probate, and more)

- Executor and trustee responsibilities explained

- Family caregiving, financial preparedness, and legacy planning

- Real stories, expert insights, and practical tools

👉 Subscribe for weekly episodes: @PlanForthis

👉 Join our PlanFan community: https://planforthis.com/

Because when life asks, *“Did you plan for this?”*—you’ll be ready.

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#TrustRestatement