Frequently Asked Will and Estate Litigation Questions
Why should I prepare a will?
A will is a legally binding document that identifies who should inherit your assets and estate after the event of your death. It ensures that your valuables are left with the ones you love the most. It also appoints a person to deal with your administration issues, such as your final taxes. It can appoint a guardian for your minor children.
What could happen if I do not make a will?
A chaotic situation could be left for your family, friends or business partners if there is no clear or valid will to explain your wishes and appoint your representative. Your assets may not end up where you assume or intend. Creating a will offers peace of mind knowing that your loved ones will be cared for, and that your intentions will be known.
Do I need a lawyer to create a valid will?
No. While it is not necessary to have a lawyer when preparing a will, it will ensure your final wishes are known and honoured. Complex issues can occur in these circumstances, especially when dealing with minor children, persons with disabilities, when dividing a large estate, or when setting up a non-standard trust. With the assistance of a lawyer, estate planning can be much less complicated.