Preparing a Will
A Will is the most important document most people make in their lives. It helps ensure the financial security of their loved ones. A Will provides the peace of mind that all you have worked hard for is left to your loved ones in accordance with your wishes.
Many people are aware of the importance of preparing a Will, however, very few know what a testamentary trust is and that possible tax advantages than may flow from preparing a testamentary trust.
We can assist you with preparing your Will, whether it be simple or complex. It is important, not only to prepare a Will, but to keep it current.
Don’t hesitate to contact us to arrange a consultation with our experienced lawyers.
Enduring Power of Attorney (EPOA)
Sometimes, a person can’t make decisions when needed. You could be away or not be able to make decisions as a result of a disability or be too ill to make decisions.
An EPOA is an important legal document where you (the Principal) appoint some else (the Attorney) giving your Attorney the power to make personal or financial decisions on your behalf.
There are criteria that you must meet before you can make an EPOA. You must be an adult and you must have capacity to make decisions. Having “capacity to make decisions” means that you can understand the nature and effect of a decision, freely and voluntarily make those decisions and communicate the decisions in some way.
It is also a requirement that you must understand the nature and effect of an EPOA and you must understand the consequences of preparing an EPOA.
If you require assistance with preparing an EPOA, please do not hesitate to contact us.
Disclaimer: This is general information only and should not be relied upon as legal advice. Individual circumstances may differ.