It’s human nature to shy away from the things that talk about our mortality. This is why many people don’t think about wills or estates. It just seems like something you don’t have to do until you get to an old age, right?
But life has a way of surprising us. The future is never really certain. We never know when our time is up. As much as we don’t like it, it’s a reality that looms above our heads.
This is why it’s better to face the music and think about estate planning. The best time to do it is now. Estate planning is more than just bequeathing your assets and properties to your loved ones. There is more to it such as reducing taxes or creating a living will.
What happens if you get sick or injured and you are incapable of making decisions for yourself? Include a healthcare directive in your estate plan so your loved ones will know what to do.
Start with choosing the right lawyers in Vancouver to help you out. Look for lawyers in Vancouver BC that offer wills and estate planning. Law firms such as Lakes, Whyte LLP can help you out.
Take an inventory of your assets and properties. You don’t want to forget to include assets and properties in your will because those can go through a lengthy probate process.
You should also find an executor to your will. This is someone who will ensure that your will is carried out. Find someone who has the time to oversee the execution of the will.
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