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http://mendthevow.com/ecwd_calendar/calendar-1/?date=2053-7-21 Your family comes first—which is why estate planning and probate services exist in the first place. Taking care of your spouse, children and grandchildren requires attention to detail that helps create generational wealth, an knowledge of timing, and the stamina required to prepare everything for a seamless transition to their future. And it’s up to you (and us) to make sure it happens correctly.
A lot people have not taken steps to plan their estates for many reasons. Some feel like they do have an “estate” worth going through, or don’t want to go through the trouble of succession planning. Estate Planning has been associated with affluent families for so long that those who have not acquired mass wealth believe that it is not worth it and many others simply do not want to have the conversation because of innate fears. An estate is the total property, real and personal, owned by an individual. Real estate is real property and personal property includes everything else: cars, jewellery, household items, bank accounts etc.
Estate planning is the process by which an individual or family arranges the transfer of assets to be shared/disbursed upon their death. An estate plan aims to preserve the maximum amount of “wealth” possible for the intended beneficiaries and the flexibility for the individual prior to death.
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There are many vehicles used in the estate planning arena to help a client tailor their estate planning portfolio to their wishes and needs.
No two estates are the same; therefore, the services we deliver will differ from one client to the next.
- Last Will & Testament
- Power of Attorney
- Assignment of Property
Probate is the judicial process whereby a will is “proved” in a court of law and accepted as a valid public document that is the true last testament of the deceased and the Executor/Executrix is granted with a grant of Probate. When one dies intestate, the estate is settled according to the laws of intestacy in the absence of a legal will.
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- Grant of Probate
- Letters of Administration
- Resealing of Foreign Estates