An estate plan determines what needs to be done to your assets when you die. But more than that, it can also be used to safeguard your interests when you are incapacitated and incapable of deciding for yourself.

Estate planning in Vancouver should be done with the help of experts such as ZLC Financial to ensure that you cover all grounds. The basic part of estate planning in Vancouver is drafting a will or a trust. A will allows you to leave stipulations on what you want to do with your properties and who you want to leave it to. A trust can be used to minimize estate taxes.

Getting a durable power of attorney is also important. This is not only useful when the person making the will is incapacitated but can also be used to allow someone to act on his behalf when he isn’t physically present to do it.

You can also create a healthcare power of attorney. If there are specific things that you want to add to your healthcare stipulations such as who you want to take care of you when you are incapacitated or if you don’t want to prolong medications in the event of a serious illness.

If you have underage children, designating a guardian is also important. Without it, the court will decide who takes custody of the children.

ZLC Financial can help you in creating an estate plan that will work for your needs. They can help you go over your assets and help you decide on the best way to distribute them without incurring a lot of taxes.

To know more about Employee Benefits in Surrey please visit our website: zlc.net