Wills Lawyers In CalgaryJeff Kahane2020-05-08T13:31:45+00:00
Wills lawyers in Calgary
Calgary Wills Lawyers
As wills lawyers in Calgary we recognize that people plan for their future in different ways. The wills and estates lawyers at Kahane Law Office are here to meet your estate planning needs. Remember, without a will, provincial law determines who will inherit your estate. This same law will also trigger when they will receive it. In Calgary, Alberta call 403-225-8810. We always meet with you to assist in drafting your will.
A will determines many factors. We review each of them with every client. That said, several factors play more predominant roles in people’s minds than others. The key benefits to having a will include your ability to determine many things about the dealing of your estate. This includes naming the person or people who will:
Administer your estate
This person decides how to manage your assets after your death, ensure your beneficiaries receive what you want them to, run your business for your estate, invest your estates assets for the benefit of your beneficiaries and wind up your estate including the filing of your final tax return. This person is the executor or executrix but is now titled the personal representative. A key factor in selecting this person includes ensuring that you trust them.
Inherit your estate
You give specific assets to specific people and / or split your estate into percentage shares. Some people make provisions for charities, while others are concerned with family members or specifically disinheriting someone. The choice is largely yours in determining who benefits from your estate. We help ensure that you follow Alberta law with respect to the terms you put into your will.
Be guardian of your children
While a non-deceased parent will generally continue to raise your child/children, you can appoint a guardian of your children. This can be a trusted friend or family member. Learn more about wills after you have had children.
Administer a trust for minor beneficiaries, spouses and others
Your will can set up a trust to ensure that a minor beneficiary, spouses, disabled beneficiaries, spendthrifts, etc receive their inheritance when they are ready to responsibly manage it. Our testamentary trust lawyers help you set up those trust provisions. While your estates assets can be used for education and day to day living, many people prefer to leave the bulk of their estate to minors at an age over 18 (Alberta), when people are financial responsible or have the income from assets go to one person and the capital to another.
The laws surrounding wills and estate administration have changed in Alberta. The Wills and Succession Act was proclaimed in Alberta on February 1, 2012. This legislation incorporates substantial changes into the areas of wills and estates. Kahane Law Office would be pleased to assist you in deciding if you need to make changes to your will based on these changes. You can reach us toll-free at 1-877-225-8817, 403-225-8810 locally oremail us directly here.