The Will lawyers at M. G. Michaels & Associates have been preparing Wills for more than 25 years. We have assisted clients with their multi-million dollar estates, and their more modest financial portfolios. The most important part of preparing a Last Will & Testament for a client is ensuring that when they die, their estate passes according to their wishes, and not how someone else thought things should pass. We invest a significant period of time discussing wishes with our clients to ensure that the language of every Will can stand the scrutiny of the Estate Court.
Additionally, we take comprehensive instructions regarding the client’s estate planning generally and, armed with that information, assisted a client in defending a challenge against receipt of life insurance proceeds by another relative. This was the case of The Manufacturers Life Insurance Company v Sorozan Estate, 2016 ONSC 2914 (CanLII).
A Will is a Critical Planning Document After your Death
If you live in a common-law relationship and die without a Will, your common-law spouse might be left high and dry, without any financial assistance unless they find a lawyer willing to sue your estate for support. If that was not what you intended to have happen, you need to have a Will.
Or, what if your adult children never liked your new common-law (or married) spouse and choose to contest your Will? What is the likelihood that they might succeed?
It is extremely important that you hire the right Whitby Will lawyer, such as the Whitby Will lawyers at M. G. Michaels & Associates, who will ask you the right questions in order to make sure that your Will expresses what you want.
You need a lawyer who will also provide you with estate planning mechanisms to maximize the value of the estate passing to their beneficiaries, and minimize the taxes payable to the government.
Contact the Wills and Estates lawyers at M. G. Michaels & Associates today, to set up your appointment for your will today.
Why Don’t 50% of Canadians Have a Will?
The most important reason for having a proper Will prepared for you by a lawyer is peace of mind. The Whitby Will lawyers at M. G. Michaels & Associates will recommended certain advantageous steps for you to take to maximize the estate you leave behind while minimizing the taxes and fees, and making sure that your wishes are carefully and properly expressed in a valid and binding Will (or two – depending on the estate planning advice you receive for your situation).
The most common reason people do not get a Will is the fear that now fate will bring about their death more quickly, or they unpleasantness surrounding talk of their eventual death, or simple procrastination. Yet, accidents happen every day and everywhere and God forbid one happens to you. But, even leaving accidents aside, what if you develop early onset dementia, senility or Alzheimers? Any of those forms of mental incapacity might make signing a Will impossible so, despite your plan to get around to it someday soon, you have now run out of time!
At M. G. Michaels & Associates, our Whitby wills lawyers appreciate the serious nature of estate planning and Will preparation, but we try to inject our good senses of humour into our intake and signing meetings with our clients, trying to reduce their levels of stress during this difficult time. Even without some levity, the peace of mind you will have once the Will is signed will help you sleep at night from then on.
Don’t become a statistic that makes it more difficult and expensive for the family you leave behind.
Contact the Wills and Estates lawyers at M. G. Michaels & Associates today, to set up your appointment for your will today. You can also give us a call or email us now. You’ll be glad you did.