When you have not done any estate planning in Ontario, the government ultimately decides what happens to all of your property after you’re gone. To offset that, every Canadian should have a will that clearly sets out their intentions for their assets to avoid any confusion.
A will is never just a will, and Canadians should also consider what happens to them if they can no longer make decisions for themselves. There are additional pieces that all Canadians should have, including a Power of Attorney for property, which determines what happens to your assets if you are medically incapacitated, and a Power of Attorney for Personal Care to determine who gets to make medical decisions for you if you cannot make them on your own.
Our mission at Good Law is to help make sure that your wishes are set out clearly, and in line with the latest standards in the law. Beyond just drafting of wills and documents, we can work with you in terms of setting up trusts for minor children or other beneficiaries, and tax planning to make sure that your worth is not wiped out by unforeseen estate taxes.
We also help clients who have been made executor of an estate deal with probate issues after their loved one has passed. Being an executor can be a complicated job, and there is a significant amount of paperwork involved in wrapping up even a straightforward estate. We try to help guide you through the probate process quickly, easily, and without any unexpected surprises.