Do you know what happens when you die without a will? Your estate will go through the probate process and it will take much longer for your surviving family members to get their inheritance.
It doesn’t matter how much wealth you have. It’s always a good idea to have a will just in case something happens to you. Lawyers in Vancouver from Lakes, Whyte LLP can help you in creating a will.
From time to time, it’s a good idea to check the will and see if it needs to be updated. You would always want the will to be up-to-date so that it matches the changes in your life.
Here are the times when you might need to update your will:
You Got a Divorce/Remarried
There have been instances in the past when testators forgot to change their beneficiaries and still included their previous spouses in the will. This can be hard to contest, which is why it’s good to change the will as soon as you get a divorce or you remarry.
You Have New Kids
When you get new kids, it’s time to update your will and include them as your beneficiaries. You can also add stipulations on guardianship.
You Acquire More Wealth
Make sure that is added to your will. Otherwise, it will go through the probate process.
Be sure to get lawyers in Vancouver to create your wills and estates. It might seem like such a simple task but there’s actually a lot more work involved in the process. It’s better that you cover all grounds and this is where a wills and estates lawyer can help you out.
To know more about Estate Lawyer in Vancouver please visit our website: lakeswhyte.com
0 comments:
Post a Comment