Wills, Estates, and Estate Planning
We can assist our clients with every aspect of Wills, Estates and Estate Planning. This includes drafting Wills, Powers of Attorney and Representation Agreements, as well as advising on property ownership, designation of beneficiaries to reduce taxes and probate fees and establishing trusts (whether during a lifetime or within a Will). We can also assist with applications for Grants of Letters Probate or Letters of Administration and the distribution of estates.
Did you know?
It is estimated that 2/3's of Canadians die every year without a will or proper estate planning. Some just do not get around to it, others do not want to think about their life ending, and others do not think that they have enough assets to warrant a legal will.
What is a Will?
A will is a written document, formally executed according to the requirements of the Wills Act, whereby a person arranges for the disposition of his property and assets after death and advises how his Dependants should be taken care of.
Top Four Reasons You Need a Legal Will
1) Without a will, distribution of your assets and property, even if your wishes are known, may not be carried out the way you would have wanted it.
2) Your estate and distribution of assets will take longer and could be more expensive
3) Without your wishes legally documented, discrepancies as to who should get what could occur
4) Guardianship of any children will not have been established and appropriate guardians may not have been named
Why Choose an Estate Lawyer to help draft your Will?
Your Estate Lawyer will work with you to outline your assets and possessions, as well as beneficiaries. In addition to who gets what, they will help detail important factors such as WHEN and HOW assets should be dispersed. Your Estate planning lawyer will also know the legalities of what can be put into a will, what is excluded, and advise on any other issues or questions you may have. To avoid contest of a Will, proper drafting of a will is essential.
Lawyers practicing in Wills, Estates and Estate Planning: