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Estate planning in Vancouver can secure your family’s future. In the event of your death, you can be assured that your properties and wealth will go to your family members. You would think that your assets will be automatically bequeathed to your family after your death but that’s not always the case. There could be things like estate taxes and family members who also want a share of the property. The best time to do estate planning in Vancouver is now. Here are some tips that will help you get started in your estate plan: Make a list of all your assets and properties It’s important that you go over your assets and properties completely so that nothing is forgotten. If you forget to include something in your will, it will end up going through the probate process. So with the help of a financial expert from ZLC Financial, go over all your assets and properties including real estate, bank accounts, investment accounts, retirement plans, and many more.  Also, list do

Estate planning in Vancouver can help you secure your assets and ensure that they go to the right people after you die. If you haven’t done estate planning in Vancouver yet, now is the best time to get started. ZLC Financial can help those who don’t know where to get started.  Before you officially start designating beneficiaries for your assets, here are the things you need to do:  Get the documents on all your assets.  To avoid forgetting things in your estate plan, you need to collect all details and documents on your assets first. That includes things like your paycheck details just in case there is still remaining paycheck in the event of your death, personal items, investments, and real estate properties, to name a few. This also makes it easier to decide how to distribute your assets to the right beneficiaries.  Know more about estate laws.  Are there any changes to estate laws? You would want to be updated with estate laws so you don’t accidentally violate them. That could cau

Estate planning in Vancouver can be chaotic. There are so many things to take care of, especially if you have a sizable estate. But it’s important to be organized to avoid accidentally forgetting things in your estate plan. Here are some organizational tips you can try doing: Get all your financial records ready Make sure you have all your financial records. Sort them out in a folder or individual envelops to make them easier to find when needed while doing estate planning in Vancouver. Make a to-do list Use a to-do list to help you determine what needs to be done during the day. You can create a primary list of things that you need to do for estate planning and then designate them on specific dates. You can break them down into smaller tasks. Consult an expert in estate planning in Vancouver Make sure you get the help of an expert in estate planning in Vancouver such as ZLC Financial. It can be hard to handle all of your finances, let alone dec

  Estate planning in Vancouver is one of the best things you can do for your family while you are still alive. With a solid estate plan in place, you never have to worry about what will happen to your assets and your family when you are gone. You can make stipulations on the distribution of your wealth and the care of your family through estate planning in Vancouver . Many people don’t know how or where to get started in their estate plans. Here are the things that you need to do first: Identify all your assets and properties This should also include your real estate properties, businesses, financial accounts, investments, insurance policies, and even your debts. You should know what your assets and liabilities are so you can better create an estate plan. Find the right people to help you out You can go to a financial expert who can help you with your estate plan such as ZLC Financial. They can help you take the right steps in protecting and grow

Estate planning in Vancouver is not about you. It’s about the people you will leave behind. There are a lot of uncertainties in this world and one of them is when our time here on earth is over. Estate planning in Vancouver helps secure the future of your family members – a future without you in it. Here are the reasons why you should start making a will and planning your estate now: You can choose who will inherit your assets and properties You don’t need to have a lot of assets and properties to warrant the need for an estate plan. If you have assets to leave behind and people to protect, estate planning is a must. It allows you to choose who to give your assets to and make stipulations on their proper distribution. For instance, if you are leaving your assets to your underage family members, you can use the will to indicate who will take care of these funds until such a time your children are old enough to handle their finances. You can take

Nobody wants to talk about estate planning in Vancouver . But it’s an essential thing that can protect your surviving family members from uncertainties. With a good estate plan in place, you can set all your worries aside and ensure that your family members will get what you want them to get.    You need to know what estate planning mistakes to avoid to create a successful estate plan. Here are those mistakes: Mistake #1: Not understanding your needs first Estate plans are a personal journey. While there are some strategies that you can employ, you would want this to be about you and what you want. It has to be a personal approach, so you can make the right decisions when it comes to how you want your assets to be distributed. Mistake #2: Not adding an alternate beneficiary You need to place an alternate beneficiary in your will in case your first one is no longer there to receive it. For instance, if the primary beneficiary dies before you do, there

A lawyer is not just the only person you should consult when doing estate planning. You should also consult a financial planner in Vancouver. When estate planning is mixed with financial planning, you can be assured that your surviving family members will be left with enough money for them to be comfortable. Here are the reasons why you should hire a financial planner in Vancouver when doing estate planning: A financial planner helps you identify your financial goals How can you make sure that your investments will still profit when you are no longer capable of making decisions or when you die and you bequeath it to inheritors? This is where a financial planner can help you out. A financial planner in Vancouver can help you in laying down strategies to safeguard your investments and make sure they are still profitable until the next generation takes over. A financial planner can help you protect assets A financial planner helps protect legacie

Estate planning in Vancouver is not for yourself but for the loved ones that you will leave behind in the event of your death. We don’t know when our time here on earth is over, so it’s good to be prepared so that your surviving family members will be taken care of and your legacy is preserved. When doing Estate planning in Vancouver , here are some important things that you need to do: 1. Determine your goals. Set your goals first before starting your estate planning. What is it that you want to do with your legacy? Do you want to preserve most of it? Do you want to donate some of it to charity? Do you want a smooth transition in business succession? 2. Make a list of your assets and properties. You don’t want to forget adding some important assets and properties to the list or add properties and assets that should not be included in estate planning. That will complicate matters. You would want to prevent your will from going through the probate process because

It’s hard to achieve your financial goals if you are still doing some bad financial habits and decisions. The thing is, a lot of people don’t know that these habits are hurting their finances more than they realize: 1.Spending money on food and drinks outside the home.  Do you like eating out once a week, ordering take out or buying coffee from a café? You might think the costs of sustaining these habits are not that big but keep track of how much you are spending and you will be surprised at the amount of money you are actually setting aside just for these. 2.Using your credit card all the time.  Yes, you can pay off your credit card expenses but it’s still borrowing money. If you can’t afford to pay something in cash, you probably shouldn’t buy it. Credit card debts accrue interest over time and if you don’t pay them on time, you will spend more money paying them off. Besides, credit card purchases give you a false sense of security. It feels like you aren’t spending money a

To many people, buying a house is the ultimate financial goal. It is most likely the most expensive purchase we will make in our life, so we spend many years saving up for a down payment. With the increasing costs of housing these days and the many debts people still have to pay, it might seem like buying a house is an impossibility. But with the best financial advisors in Vancouver such as ZLC Financial, you can be guided on how to sort out your finances to be able to afford one.  The best financial advisors in Vancouver will also give you these tips:  1.       Have a separate bank account to save up for your home Create a separate bank account that will be used solely to save a down payment for your home. Automate your main account in such a way that you are putting a percentage of your income into this separate bank account. You won’t feel the money going to your savings and before you know it, you have already saved a lot.  2.       Improve your credit re