Why You Need a Lawyer for Estate Planning

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Estate planning has a lot of scopes. It’s more than just writing a will and designating beneficiaries. With so many things that you need to keep in mind, it’s essential that you are guided by experts such as estate lawyers in New Westminster.



New Westminster Lawyers Can Help You Cover All Grounds

You don’t want to forget anything in your will or that will end up going through a lengthy probate process. It can delay the distribution of the assets and your surviving family members might have to wait for a long time before the estate proceeds will be distributed.

Your Lawyer Can Help You Find Ways to Minimize Taxes

Estate taxes can be exorbitant and you don’t want your hard-earned money to just go to taxes. You would want them to go to your loved-ones. There are many ways to avoid lofty taxes and your lawyer can help you with that. From setting up a trust to bequeathing some of your assets as gifts, these can be done to reduce tax costs.

Your Lawyer Can Help With Legal Matters

You will need to appoint someone to make decisions on your behalf. A power of attorney is important because someone else can make decisions in case you are not there to do them or you are too incapacitated to make the decisions.

Find a lawyer experienced in doing estate planning. The lawyers from Kinman & Associates can help you go through this process and ensure that your beneficiaries will get what you want them to get.

For more details about Personal injury Lawyer in Burnaby please visit our website: kinmanlaw.ca

 

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