Estate planning

Your estate is more than a legal matter; it is a reflection of your life and the choices you wish to make for the future. Thoughtful estate planning not only determines what happens to your assets but also creates peace of mind, clarity and tax benefits for you and your loved ones. 

At Westvaer, we understand how complex and personal these matters can be. We provide expert advice and practical solutions to ensure that your estate is managed exactly as you envision it. 

What is estate planning? 

Estate planning is the process of organizing your assets, properties and wishes for the time when you are no longer here. It goes beyond simply drafting a will. It includes all the legal, financial and tax aspects involved in transferring your estate to your heirs. 

With a well-structured plan, you ensure that: 

  • your assets are distributed according to your wishes; 
  • your loved ones pay as little tax as possible; 
  • conflicts between heirs are avoided; 
  • your specific wishes, such as donations or bequests, are documented. 

How does estate planning work at Westvaer? 

We believe in tailored solutions because no two situations are the same. At Westvaer, we begin with an in-depth conversation focusing on your personal situation, wishes and goals. We then guide you through: 

Drafting or updating your will 

We ensure that your will aligns with your current wishes and legal requirements. Whether you want to name specific heirs, add special conditions or update existing arrangements, we are here to help. 

Appointing an executor 

An executor is responsible for handling your estate. We advise you on choosing a suitable executor and document this in your will. 

Gift and tax planning 

By taking advantage of exemptions and making timely gifts, you can reduce inheritance tax. We help you develop a plan that fits your financial capabilities and objectives. 

Complex family situations and international aspects 

In cases of blended families, minor children or assets abroad, additional considerations often arise. We ensure that your estate is legally sound and clearly arranged. 

Frequently asked questions about estate planning 

Here we answer some frequently asked questions: 

What is the difference between a will and estate planning?

A will is an important part of estate planning, but it is only a portion of the entire process. Estate planning also includes tax optimization, gifts and conflict prevention. It is a comprehensive plan that integrates all your wishes and financial goals. 

When is it advisable to start estate planning?

The earlier you start, the more options you have. It is recommended to begin planning during major life changes, such as marriage, the birth of a child, a divorce or a move abroad. Additionally, if your financial situation changes, such as selling a property or business, it is wise to review your plan. 

What does estate planning cost at Westvaer?

The cost of estate planning depends on your personal situation and wishes. During an introductory meeting, we provide a clear estimate of the costs, so you know exactly what to expect. 

Do you have any other questions? Our experts are here to help. 

Benefits of timely estate planning 

By arranging your estate in a timely manner, you benefit from: 

  • peace of mind and security: you can be confident that your wishes are properly documented; 
  • tax advantages: by making strategic use of gifts and exemptions, more can be preserved for your heirs;
  • a conflict-free process: you minimize uncertainties and potential conflicts among heirs; 
  • full control: you maintain control over what happens to your assets. 

Why choose Westvaer? 

Westvaer combines legal expertise with a personal approach. Our team of experienced specialists works closely with you to develop a plan that is not only legally sound but also fully aligned with your wishes. Additionally, we stay up to date with the latest laws and regulations, ensuring that you always benefit from current and innovative advice.

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 See also creating or updating a will.