Posts

Showing posts from May, 2020

3 Important Things You Should Do When Estate Planning

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