WILLS / POWERS OF ATTORNEYS / ESTATE MATTERS
Deciding what will happen to your home, your financial assets, and your personal possessions while you are still alive but incapable and after your passing can be a difficult process. However, if you do not take the time to make these decisions now, others may end up making these decisions and dividing your property for you in a manner contrary to your wishes and desires.
Our Law Office realizes that people are hesitant to deal with the matters of their mortality. However, it is important that individuals take care of their property and its distribution upon their death. The administration of an individual’s assets prior to death is done by having a will.
A will sets out the distribution of your assets and specifies your beneficiaries. The will also permits an individual to personally select the Trustee/Executor or Executrix to administer your Estate and appoint Guardians for the care of your minor children. The maker of the will is called a Testator or Testatrix.
A will can be typed. It can also be handwritten which is called a holograph will.
If an individual fails to have a will upon death, their assets will be distributed according to the Laws of the Province of Ontario and such distribution may not be according to their desire. Our team of Professionals at our Law Office strongly advices that individuals have a will.
It is advisable that individuals have a Power of Attorney as this ensures that you exercise control over your property and personal care. Having a Power of Attorney also ensures that you personally select the Attorney to carry out your wishes during the time of your incapacity.
A Power of Attorney is a written document signed by an individual (the Donor) giving another (the Attorney) the power to act/make decisions on their behalf, more particularly when they are incapable of making their own decisions.
The Power of Attorney for Property gives the Attorney the authority to act on behalf of the Donor in matters relating to real property, personal property, banking activities, contracts and other issues.
The Power of Attorney for Personal Care gives the Attorney the authority to act on behalf of the Donor in matters relating to their personal care.
Our office works with clients on the Administration of an Estate with or without a Will. On the death of a Testator or Testatrix, it is important that their Estate is settled and administered. To enable the settlement and administration of the Deceased’s Estate, the legal process of Probate will be conducted.
When the Deceased has a valid Will, our Office will commence the legal procedure to validate the existing Will and obtain the Certificate of Appointment of Estate Trustee With a Will.
When the Deceased has no Will or no valid Will, the legal process to administer the Estate will commence by obtaining the Certificate of Appointment of Estate Trustee Without a Will. The Certificate will confirm the appointment of the Executor/Executrix.
Take Control of Your Assets
Instead of leaving such important decisions to the others, get the assistance you need to make wise decisions concerning your estate by speaking with our dedicated team to help you through every step of your estate planning. We are prepared to assist you with such legal services.
OTHER GENERAL LAW SERVICES
Our law office also provides the following documents
- Letters of Opinion
- Independent Legal Advice (ILA)
- Independent Legal Representation (ILR)
- Domestic Contracts
- Separation Agreements
- Co-habitation Contracts
- Marriage Contracts
Why Choose Us?
- Appointment Flexibility
- Free Initial Consultation
- Knowledgeable and Passionate Professionals
- Friendly Environment
- Flexible Appointment and Convenient Office hours
- Reasonable Fees
- Free & Ample Parking
- Fully Licensed and Insured
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DISCLAIMER Please consult a laywer for advice about your individual situation. This website and its information is not legal advice, nor is it intended to be. Contacting our Law office by mail, facsimile, letters, phone calls, email and or by any other medium, electronic or otherwise on legal issues and contacting usdoes not and should not be taken as creating a lawyer-client relationship. Until a lawyer-client relationship is established, please withhold from sending any confidential information or documents to us.
Bola Ogunkoya LLB
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