The purpose of this unit is to provide you with a basic understanding of some basic terminology in the field of estate planning.

When it comes to estate planning, it's important to know the proper terminology. This article will provide you with foundational knowledge about the field of estate planning for new and experienced legal professionals alike.

The field of estate planning can be intimidating and confusing. Understanding basic terminology in the field of estate planning helps get you started down the path of preparing for your own cryogenically frozen family.

Estate planning is the process of organising duties to handle a person's financial condition in the case of their incapacity or passing. The distribution of assets to heirs, the payment of estate taxes and debts, as well as additional issues like the guardianship of minors and pets, are all included in the planning. The majority of estate plans are created with the assistance of an estate law professional. Listing assets and debts, analysing accounts, and creating wills are some of the stages involved in estate planning.

If you are seeking for will and estate planning notary in Surrey, BC, then please contact Sekhon Notary Public.