Kelowna Wills & Estates
Death is never a good topic. But, no matter how we evade this topic, we should face the reality that one day we will meet this uncertainty in our lives. No matter how busy you are in building your empire, at the end of your life’s journey, you still need to leave. Since no one can’t predict when will that come, it would be better that you have made plans for your family. Have your Kelowna estate planning and wills to be prepared with our Kelowna lawyers. Let us be your legal support for these essential documents.
Helping you in Estate Planning
Estate planning refers to making plans for the management and disposal of a person’s asset or estate when he or she is incapacitated or dead. There are two main reasons why people are preparing their estate plan; (1) this plan is to protect their minor beneficiaries and (2) is to protect adult beneficiaries from outside influences, creditor problems, divorcing spouses, and bad decisions.
Why should so an estate planning? Well, aside from protecting your beneficiaries, it is also a way to protect them Internal Revenue Service. There is a specific tax amount that might become payable after your death. Through this planning, it reduces the taxes that might burden your family with. There is always this certain tax amount that your family might need to pay upon your death. Avoid living the tax burden and ensuring that your family receives the maximum of the proceeds of your estate through planning it.
At our Kelowna lawyers office, we ensure every client that they will be assisted throughout the estate planning. We will make sure that the management and transfer of assets to your beneficiaries will be according to what you have intended on your will. With our years of experience that we have, we are confident that we will be able to provide you with effective legal services.
Wills – Writing and Planning
Since you have been preparing your estate planning, it is just as important that you have worked on drafting your will. A will is a type of legal document that will determine who will inherit from your properties and assets. The primary purpose of having this document is to distribute any of your property after you die. It may also include provisions like making sure that your spouse or partner will receive all or part of your possessions.
While wills and estate planning may be sound so similar to each other, they are both different. Wills is a legal document that will tell what your beneficiary will get, while estate planning guarantees that your recipients will be left with the maximum proceeds of what you own and perhaps, not the tax burden after your death. This is where talking with an expert Kelowna lawyer will be advantageous; you will understand the underlying importance of preparing for such documents before your death.
Our wills and estates legal team have earned years of experience and expertise in this field. That is why you will have that peace of mind, thinking that all of your hard-earned assets will be managed and enjoyed by your beneficiaries. If you have already planned these things ahead of time, don’t think of dying at this moment – especially if you haven’t prepared the necessary documents yet! Drop us a call now to talk about your wills and estate plans.