PREPARATION OF WILLS AND POWERS OF ATTORNEY
There is a saying that it’s never too early to prepare your wills and powers of attorney, but it can be too late. Although planning for the future may not seem to be the most exciting of tasks, it is highly advisable to complete these critical documents as soon as you can and not leave them on the back burner. A 2023 poll showed that fewer than half of Canadians have their will set up, and the statistics are even worse for those above the age of 55.
It is likely that individuals find it difficult to speak about such a morbid topic, and understandably, the thought of facing your own mortality isn’t everyone’s cup of tea. However, the process itself doesn’t have to be difficult. As experienced Wills and Power of Attorney lawyers in Cambridge, we understand the importance of creating documents that follow your instructions and distribute your assets in accordance with your wishes. Completion of this task provides peace of mind, knowing that your estate will be handled according to your intentions.
Estate Planning Lawyer Cambridge
GENERAL CONSIDERATION
A Will allows you to decide who inherits your estate and who manages it. These are important decisions which, in the absence of a will, are left to the government. Do not let others decide who handles your estate and who receives your estate when you have the opportunity to do so on your own with the help of an Experienced Will Lawyer in Cambridge.
GET STARTED
Simply put, it’s not that hard. Here are the steps a typical client would follow when they approach us to prepare their Wills & Power of attorney documents. First, a call or an email to establish initial contact is made. During the initial conversation, we can quickly determine if we are the best fit for your needs and provide you upfront pricing, usually fixed pricing so you may budget upfront. Once you’ve determined that you would like our office to assist in preparing these documents, you simply let us know, and the information-gathering steps then start. Your initial phone call is also an opportunity for you to ask questions and gather information about the process and time that this may require.
PROTECT THOSE THAT NEED IT
If you have minor children, you want to ensure that you set up guardianship appointments for those who will care for your children in the event of your passing. Only you know who the best fit is for your children; don’t let others have to figure this out.
In the event that you’re in a common law relationship, it is crucial to complete your estate documents. As the law in Ontario stands, common-law partners are not afforded the same protections that are available for married spouses. As a result, your common-law partner can end up with nothing if you were to pass away without preparation of a will.
As your loved ones age, it’s important to ensure their legal affairs are in order. If your parent(s) have outdated documents or haven’t yet established wills and powers of attorney, our expert POA lawyer is here to help. We can guide you through the process, ensuring your family’s future is secure. Your initial consultation is free. Schedule yours today.
CURB THE LITIGATION
It has often been said that the only real winners in lawsuits are the lawyers. Putting pen to paper is the absolute best way to avoid or limit any potential disputes and costly court battles.
POWER OF ATTORNEY FOR PROPERTY AND PERSONAL CARE
There are two types of powers of attorney that are usually prepared together when one is preparing their will. First is a power of attorney for property, which allows someone you choose, usually a spouse or a close friend/family member, to handle your affairs in the event that you are unable to do so, perhaps due to an incapacity or because you are physically unavailable. 0The second type of power of attorney is one for personal care which allows your designated attorney (again, usually a spouse, family member, or friend to make decisions on your behalf if you were unable to do so due to an incapacity. These decisions may include decisions related to shelter, nutrition, medical treatment, etc. These documents are equally important, if not more important than a will. That’s why you need an expert POA lawyer to guide you throughout the process.
ESTATE ADMINISTRATION AND PROBATE
In the event that you have lost a loved one and need assistance in navigating the process of administration, we are here to help. For probate-related services, we offer a complimentary phone call with our staff to answer your questions about the process. Once it is established that we can be of assistance, we will gather all pertinent information from you, guide you through the process, and ensure it is done as swiftly and smoothly as possible while guiding you throughout.
READY TO GO?
Call us at 519 224 3082 or send us an email at info@vrslaw.ca to get started.
Secure your legacy and avoid leaving your loved ones uncertain about their entitlements.
Contact Us
We want to hear from you
Whether you have a question about the legal process of a matter or want to inquire about the pricing for a service, give us a ring. We’ll be happy to hear from you