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Estate Planning

Lawyers for Estate Planning

Planning for your future with experienced estate planning professionals.

Thinning ahead about your future and the security of your loved ones is important, and estate planning helps you ensure that your wishes are formally known. Mincher Koeman provides clear, straightforward guidance to help you navigate this important process. We focus on creating comprehensive wills, trusts, and other estate documents that reflect your intentions, ensuring your legacy is protected and your family is cared for.

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What is estate planning?

Estate planning is the process of arranging for the management and disposal of one’s assets during their lifetime and after death, ensuring their wishes are met and their loved ones are provided for.

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Ensuring the security of your loved ones

Planning for your future and the security of your loved ones is a significant step, and our firm provides clear guidance to help you navigate this process. We offer:

  • Clear guidance in drafting personalized wills, ensuring your wishes for asset distribution are legally documented.
  • Assistance with powers of attorney and personal directives, establishing trusted decision-makers for your future.
  • Support in creating trusts to manage assets for beneficiaries, including minor children or individuals with specific needs.
  • Comprehensive advice on estate administration, helping executors fulfill their duties with confidence.

What makes estate planning important?

Estate planning exists far beyond simply drafting a will; it’s a dynamic process that evolves as your life does.

A comprehensive approach considers more than just the distribution of your assets, providing you with strategies for minimizing taxes, protecting inheritances, and planning for potential incapacity through powers of attorney and personal directives. It involves thoughtfully addressing complex family dynamics, potential business succession, and charitable giving to ensure your wishes are honoured precisely and your legacy is secured.

Estate Planning
Frequently Asked Questions

What happens if I pass away without a valid will?

If you pass away without a valid will, your estate will be distributed according to provincial legislation. This means the government determines who will inherit your assets, which may not align with your wishes and can create complexities, delays, and additional costs for your loved ones.

An executor, or personal representative, is the individual you name in your will to manage and distribute your estate after your passing. Their role involves locating assets, paying debts and taxes, and distributing the remaining assets to your beneficiaries.

It’s advisable to review your estate plan regularly, ideally every few years or anytime a significant life event occurs. Major life changes such as marriage, divorce, the birth of a child or grandchild, the acquisition of substantial assets, or a change in health or financial circumstances should prompt a review of your will and any other estate documents.

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We’re here to help.

Your path to legal clarity starts here. Let’s explore your legal options together.

Take control of your legal situation. Reach out to our team to begin the conversation, and we’ll help tailor a legal strategy that promises the best chance of success for your case.