Wednesday, June 23, 2021

Do You Need a Lawyer to Write a Will?

Writing a will doesn’t require the presence of lawyers in Vancouver. You can make a will provided that it follows the legal requirements such as having two witnesses sign the document. Without these signatures, your will isn’t valid.



There are, however, benefits to getting the help of lawyers in Vancouver. It’s more than just for writing a will. It’s for your estate planning.

Writing a will is just a part of estate planning. There is more to it than writing a piece of document bequeathing your possessions to your inheritors. You need to plan your estate to ensure that the execution of the will goes without a hitch.

Estate planning involves finding ways to lower down tax costs. As you know, dying can be quite expensive because of the many tax obligations that your estate has to pay. This might leave your inheritors nothing if you don’t plan accordingly. You can put some of your assets in a living trust. This is non-taxable, so your assets are safe.

You also need a lawyer to help you appoint someone to act on your behalf in case you become incapacitated. An estate plan is more than just a dying plan. It can also be a plan to secure you and your family in case you can no longer make decisions due to health problems.

So go ahead and hire lawyers in Vancouver such as Lakes, Whyte LLP when deciding to write a will. Better yet, make an entire estate plan that will leave no room for uncertainties.

For  more details about Business lawyers Vancouver please visit our website: lakeswhyte.com

 

 

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