Navigating the sensitive and often complex realm of wills and estates requires a trusted advisor who understands the legal framework and appreciates the personal and emotional nuances of this area of law. At Solution Law in Edmonton, clients find compassionate and comprehensive support for all their wills and estate planning needs.
A will enables you to specify how your estate will be handled after your death. It documents your wishes and provides instructions for distributing your assets and property. Additionally, a will can specify other important details, such as naming the executor of your estate, arranging your funeral, and appointing legal guardians for your children.
A will enables you to specify how your estate will be handled after your death. It documents your wishes and provides instructions for distributing your assets and property. Additionally, a will can specify other important details, such as naming the executor of your estate, arranging your funeral, and appointing legal guardians for your children.
An enduring power of attorney lets you manage your financial affairs if you are unable to make decisions due to mental incapacity. This document only takes effect if mental incapacity is certified by two doctors. It grants authority to a designated individual (referred to as an attorney) to act on your behalf and handle your finances while you are alive but unable to make decisions.
A personal directive enables you to appoint an individual (referred to as an agent) to make personal and non-financial decisions on your behalf if you cannot do so due to a critical illness or injury. The agent can make decisions regarding your healthcare, living arrangements, recreation, employment, and other personal matters. You can provide specific instructions on various issues, or the agent will make decisions they believe are in your best interests if no instructions are provided.
Estate planning is vital for all, aiming to secure your legacy and protect your family’s future, regardless of wealth or age. Have you considered how your assets will be distributed or who will make decisions on your behalf should you be unable to do so?
Estate planning with a wills and estates lawyer can answer these questions, providing peace of mind for you and your family.
Crafting legal documents that specify how an individual's assets should be distributed upon their death.
Establishing various types of trusts to manage assets for beneficiaries can offer tax advantages and allow for more nuanced control over asset distribution.
Guiding executors through the process of probating a will, including asset inventory, valuation, and distribution.
Establishing legal authority for someone to act on behalf of an individual in financial or health-related matters if the individual becomes incapacitated.
Documenting wishes regarding medical treatment in situations where an individual is unable to communicate their decisions.
Arranging for the legal guardianship of minors or adults unable to make decisions for themselves due to disability or incapacity.
This involves representing clients in disputes over the validity of a will, distribution of assets, executor conduct, or claims against an estate.
Advising on the tax implications of estate planning and strategies to minimize estate, gift, and inheritance taxes.
Implementing strategies to protect assets from potential future liabilities or creditors.
Addressing legal issues affecting elderly clients, including long-term care planning, Medicaid planning, and elder abuse.
Working with our lawyer specializing in wills means you’ll receive expert guidance on creating a will that accurately reflects your wishes, advice on estate tax implications, and assistance in appointing executors and guardians. The aim is to make the process as smooth and stress-free as possible, ensuring your wishes are clearly documented and legally sound.
Solution Law aims to provide Edmonton residents with the legal support they need to make informed decisions about their estate planning. Understanding the significance of this process, the team offers a blend of legal expertise and compassionate advice to ensure your legacy is preserved and your loved ones are protected. Whether drafting your first will or navigating the complexities of estate administration, Solution Law stands prepared to support all your estate planning requirements.
If you’re looking for an estate lawyer in Edmonton who combines expertise with empathy, Solution Law is here for you. Reach out to us to arrange a consultation and begin the journey to safeguard your legacy and care for your loved ones.
There’s no specific age at which to start thinking about wills, but creating one is advisable as soon as you have assets or familial responsibilities. Changes in life circumstances, such as marriage, having children, or acquiring significant assets, are critical times to make or update your will.
Absolutely. It’s important to update your will to reflect changes in your life, assets, or wishes. Our lawyers can review your current will, suggest necessary amendments, and ensure that your updated will is legally sound and reflects your current wishes.
Dying without a will (intestate) means your estate will be distributed according to Alberta’s laws on intestacy, which might not align with your wishes. This can lead to potential conflicts among heirs and additional legal complications. Our estate lawyers can guide your loved ones through the intestacy process, making it as smooth as possible.
At Solution Law, Edmonton and Calgary, we strive for excellence across all our legal specialties. With deep industry knowledge and extensive experience, we provide tailored guidance to meet our clients’ unique needs. Our expertise includes aviation, sales, antitrust, corporate law, finance, and more.
