SR law firm will help clients create estate plans, which can include wills, trusts, and other legal documents that specify how their assets should be distributed.

We will also  also handle probate, which is the legal process of settling a deceased person’s estate. This can involve working with the executor of the estate to ensure that assets are distributed in accordance with the deceased person’s wishes and that any outstanding debts or taxes are paid.

As an estate lawyer we  help clients navigate the complex legal issues that arise when planning for the distribution of their assets after death, and to ensure that their wishes are carried out in accordance with the law.

Importance of a Will

It is highly recommended that individuals have a will. Failing to have a will can result in family members being unable to access assets, even small ones, without an expensive court application to appoint an Estate Trustee.

Why you should have lawyer to prepare your will.

In most cases, it is advisable to use a lawyer with experience in estate planning and will drafting. They can provide guidance on avoiding unnecessary probate fees, establishing trust funds for minors, delaying the distribution of assets beyond the age of majority, and making provisions for grandchildren.

A lawyer can assist you drafting wills by asking essential questions to determine what you need to cover in your Will and why. Clearly stating your intentions in your Will to ensure they are carried out as you desire; Ensuring your Will complies with the laws of Ontario; Minimizing taxes and other expenses that your loved ones may incur after your passing.

Are will kits sufficient?

No matter how well-designed a will kit is, it cannot replace a properly planned and drafted will. Each person’s situation is unique, and only through discussions can a draftsman obtain enough information to accurately represent a person’s true intentions.