EAST Central Administration 2788 boul., St-Joseph Blvd. Orléans, Ontario K1C 1G5 613-837-7880 fax 613-837-7664
SOUTH Capital Corporate Centre 9 Antares Drive Ottawa, Ontario K2E 7V5 WEST Gateway Executive Offices Fourth Floor, 300 March Road Kanata, Ontario K2K 2E2
Email: mail@jacquesrobert.com
|
|
 |
|
Why do I need a Will? Costs and Benefits Who should I appoint as my Executor and Trustee? Who gets what? Can I change my Will? When does my Will take effect?
Will Questionnaire
Why Do I need a Will? If you care about who your property and possessions will go to after your death and care about having someone of your choice and whom you trust make those types of decisions then you absolutely want to prepare a will.
The only way you can have complete control that your wishes will be carried out following your death is by having a properly prepared and executed Will. Even those with not much assets should have one.
What are the pros of having a will?
- Having a will lets you, not others, choose the person to carry out the administration of your estate and minimizes government interference
- Having a Will not only makes it easier for relatives and loved ones to take care of your estate following your death but it lets you, not the Province, decide who will inherit your material possessions.
- Having a will gives you an opportunity to minimize taxes upon death
- Having a will lets you set out time frames and conditions of all inheritances.
Costs and benefits of having a lawyer prepare my Will? For a basic will, our fees are $250.00 for an individual Will and $299.00 for Wills for a couple, for a limited time. Trying to draft a Will yourself, even with the help of will kits and computer software packages, is a risk. Errors, omissions, inaccuracies or contradictions in self-made wills could result in expensive and time-consuming litigation not to mention may frustrate and/or destroy family relationships. Our fees are much less expensive than doing nothing or preparing your own Will in the long run.
Who should I appoint as my executor and trustee? The executor and trustee is the person appointed in your Will to carry out its terms and instructions. The executor and trustee can be a spouse, child over the age of majority, relative, friend, acquaintance, lawyer, accountant, trust company, or a combination of these.
A trusted relative or family friend is the most appropriate choice. This person may be called upon to exercise considerable discretion when administering your estate. It is important to make sure the executor and trustee is willing to take these duties on, and knows something of your affairs during your lifetime.
Who gets what? To help you determine this, please fill in our Will Questionnaire
Can I change my Will? Yes, you should review your Will periodically to check that it still reflects your intentions and wishes. Anything complicated will most likely require a completely new Will.
When does the Will take effect? Your Will takes effect immediately upon death. Like any important legal document, you should not wait until unforeseen circumstances force you to prepare your Will in haste. It should be prepared and signed while you are in good health and can take the time to make the right decisions.
Will Questionnaire
Please fill out our questionnaire and return it to our offices. You can also fax it to us at 613-837-7664 or email it to mcaruso@jacquesrobert.com. Once we receive the questionnaire, it generally takes between 2 - 3 weeks in order to prepare drafts and to set up appointments for signatures. |
|
|