Deciding what will happen to your home, your financial assets, and your personal possessions after your passing can be a difficult process. However, if you don’t take the time to make these decisions now, a court may end up dividing your property for you.
At Szekely Law, we can help safeguard your wealth and plan for your family’s future with our comprehensive estate planning services. We take pride in giving our clients concise, effective and timely advice to protect their legacy.
Why Should You Have a Will
In our Province (Alberta), if you do not have a Will (Testament), your estate will be distributed pursuant to the intestacy provisions of the “Wills and Succession Act”. Other assets, such as property held jointly with another person or, property which has a designated beneficiary (such as life insurance or RRSPs) will pass directly to the surviving joint owner or the designated beneficiary if they survive you, and may not be part of your estate.
Your Spouse May Not Receive All of Your Estate
Pursuant to the “Wills and Succession Act” after payment of debts, your spouse or, your adult interdependent partner will receive the whole of your estate only if all of your surviving descendants are also the descendants of your spouse or your adult interdependent partner.
Take Control of Your Assets
Instead of leaving such important decisions to the courts, it is better to get the assistance you need to make wise decisions concerning your estate by speaking with a lawyer. We are dedicated to helping you through every step of your estate planning and prepared to assist you with such legal services as:
- Estate Planning
Preparation of wills of varying complexity;
Creation of Enduring Powers of Attorney and Personal Directives;
Business succession planning including corporate reorganizations;
Advising on international estate planning.
- Estate Administration
Conduct probate proceedings;
Prepare estate accounts;
Advise executors, trustees and beneficiaries.