Estate Planning

Your Legacy

Estate planning is the one aspect of financial planning that you won't personally see the benefit of, but it does have a considerable impact on the people left behind after you have gone.

Poor or non-existent estate planning can leave your family destitute, needing to sell the family home to pay tax liabilities, or unable to continue living the lifestyle that they have been accustomed to. A lack of a legally written, signed, and dated will often lead to family infighting over who gets which assets at a time that is already distressing for them.

On the other hand, proactive and timely estate planning leaves your family well-positioned with clear, unambiguous instructions as to the distribution of your assets and provides funding for liabilities, such as funeral costs and estate taxes.

The goal is always to ensure that your wishes are honored, your family's financial future is secured, and the value of your estate is not impacted by unnecessary taxation or other costs.

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Accessible Estate Planning

At Vervias, we aim to demystify estate planning, making it an accessible and straightforward process for everyone. It's a common misconception that estate planning is only for the wealthy when, in reality, everyone has something of value that needs protection—whether it's financial assets, personal belongings, or even sentimental items.

Without a clear estate plan, including a will, your estate is liable to be distributed in ways you wouldn't have wanted, potentially subjecting it to unnecessary taxes or legal complications. In some cases, assets could even become property of the state if no heirs are found or designated.

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The Importance Planning

By planning your estate with Vervias, you take control over the decision-making process and ensure your assets are eventually passed on to those people, organizations, or charities you want to benefit. Effective estate planning also allows you to assign guardians for minor children, make philanthropic gifts, and establish trusts to protect your assets for future generations.

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Start Planning Your Estate Now

Having an effective plan in place brings peace of mind, knowing all will be taken care of financially after you have gone. This includes any businesses you own in addition to your family and loved ones and chosen good causes.

Estate planning is not just about who will receive your assets; it's about leaving a lasting legacy, caring for your loved ones, and, importantly, ensuring that all you have worked for is dealt with in the way you want it to be handled.

So whether you are putting an estate plan together for the first time or reviewing and updating your existing arrangements, now is always the time to do it, and Vervias can help ease the process.