Legal: The Importance of Estate Services

Here are some tips on how you can continue planning for the future, so that you can enjoy today what is really important.

Estate planning helps you to consider all your life’s acquisitions and arrange their disposition now, or upon your passing, to those persons or institutions which you want to benefit.

Your Will

Should be reviewed on a regular basis to ensure it is still appropriate
Marriage will revoke an existing will
Estate trustees may have moved away
Amounts of legacies may be inappropriate in light of your increasing or decreasing assets or because of inflation
Beneficiaries may have died, fallen out of favour, or become incapacitated
Laws may have changed
Children might have grown up to be responsible adults

Attending to your Will and Power of Attorney will afford you and your significant others peace of mind.

Submitted by O’Connor MacLeod Hanna LLP.

Larry S. Gangbar LL.B is the head of the Estate Services Department and can be reached by email. M. Jasmine Sweatman B.A., LL.B, T.E.P., LL.M. practices with Larry and can be reached by email. They and other lawyers at the firm are available to assist clients in estate services discussions.

printer friendly

Email this article