Do you currently have a thorough Will, Estate, and Succession strategy in place? Do you have all the necessary public notary documents?
This is crucial as should you become disabled or pass away, your estate, possessions, and interests will be managed in accordance with your preferences. Although no one like contemplating their own mortality, your loved ones depend on you to secure their future, especially if you’re the family’s main provider.
You want the best person to handle your residual wealth and financial assets with care and responsibility in the event of your death. As the person you most trust to fairly distribute your assets to the persons you have named in your will, this person serves as your executor. While an individual may designate a single executor to be in charge of managing this procedure, in other instances, more than one executor is chosen. Even though this might be advantageous for some parties, it significantly complicates the work of your Toronto wills lawyer and makes it more challenging for you to handle. Moreover, once everything is resolved, you run the danger of having to pay more to your wills attorney.
Planning for Estates and Successions
A property Succession plan takes into account an assessment of your current tax situation to ensure that you fulfill your reporting requirements in a timely and cost-effective manner. Capital gains or income splitting, if applicable, could also be undertaken at this time.
Given the number of factors involved, it’s integral to have quality legal guidance at every step of the way.
Trusted Wills and Succession Planning Probate Lawyer in Toronto: Duensing Law
Effective succession planning takes experience. Duensing Law has that experience and uses it to your benefit.
We structure affairs both during our clients’ lifetime and after their death in accordance with their wishes. Our priority is to provide practical, sound counsel on how to create a solid succession plan. We are able to advocate notary public so you can save on the hassle of those documents. Duensing Law also assists in administering the estate as quickly and tactfully as possible so that nothing requires revisiting.
Contact us at 416-601-4769 to get started on securing your assets and finances with a probate lawyer today!.