The Estate Planning Process
The Importance of a Clear and Thorough Estate Plan
If you have assets you want to pass on or dependents you want to take care of after you’re gone, you need an estate plan. A simple will and testament often isn’t enough to make your wishes legally binding.
Fortunately, the professionals at Vancouver Wills and Trusts make the estate planning process easy, straightforward, and accessible for everyone. No matter what your situation is, we can work with you to meet your unique needs and ensure your wishes are legally binding and carried out properly by people you trust after you’re gone.
Preparing for Your Estate Plan
The first step of estate planning is scheduling a consultation and gathering your ideas for how you want to divide your assets and responsibilities like power of attorney. When you schedule a consultation with our estate planning attorney, we will send you a questionnaire to fill out ahead of the meeting. When it’s time for your consultation, you’ll need any relevant old estate planning documents and an ID to sign the paperwork.
Confirming Your Decisions
The most substantial and important part of the estate planning process is finalizing your decisions about where your assets will go, who your executors will be, what will happen to children or other dependents, and so on. During this process, you will work closely with your estate planning attorney to create a will, grant power of attorney, and create an advance healthcare directive.
Once you’ve made these decisions, your estate planning attorney will make sure the language you use in your plan is clear, accurate, and legally binding. This ensures your estate plan leads to the results you want and prevents loopholes or other mishaps during the estate planning probate process.
Start Your Estate Planning Process Today
Estate planning is a crucial step for anyone with assets or dependents, but it doesn’t have to be stressful or overwhelming. Let the experienced professionals at Vancouver Wills and Trusts help you through your estate planning process. Talk to our team today to learn more or schedule your consultation to get started.
