Wills & Estate Lawyer in Calgary, AB
CALGARY WILLS LAWYER
It is important to have an experienced Calgary Wills Lawyer to help you with your will. Even close and well-intentioned family members can come into conflict upon the death or incapacity of a loved one. It is only by laying out the specifics of your wishes in a legal document that you can make sure they are followed. If you do not have a will, or personal directive or enduring power of attorney, the ones who are closest to you may disagree about what's best for you and enter into expensive and emotionally hurtful arguments.
In addition to determining distribution of financial assets, parents can appoint in their will guardians for minor children. Knowledgeable legal counsel can help you to prepare the will most appropriate for your circumstances.
A will can be nullified by a court if it is drafted incorrectly or fails to adhere to technical requirements. Our Calgary Wills Lawyer will ensure not only that you have included all items of personal importance to you in a will document, but also that you have created a document that will hold up under scrutiny. Recent changes in Alberta law make it all the more important to seek legal advice about your will or power of attorney.
ESTATE LAWYER CALGARY
As part of prudent financial and personal care planning, the Estate Lawyers Calgary at Mullen & Company recommend individuals have up-to-date wills, powers of attorney and personal directives. These documents provide a sense of personal security for life’s unforeseen circumstances: They establish who will have the authority to speak for you in the event you are incapacitated and identify how your assets will be distributed upon your passing. Our lawyers are a trusted source of advice and sound counsel to Calgary families and individuals who want to provide certainty to their loved ones.
EXPERIENCED WILLS AND ESTATES COUNSEL
Mullen & Company’s Wills and Estates Lawyers in Calgary have been providing Legal services to Alberta families for more than two decades. Our firm’s reputation is built upon a solid grounding of ethics, integrity and placing the needs of our clients first. We are proud of our team, which includes legal counsel and experienced paralegals whose knowledge of this work is a great asset to those we advise.
ESTATE LAWYER CALGARY
Individuals from all walks of life should take care to ensure their estate is set up in such a way as to maximize the benefit to beneficiaries and minimize the burden of taxation and fees. The solicitors at Mullen & Company are experienced Estate Lawyers Calgary, helping families make the most of the assets they have built over a lifetime. We help ensure your estate is a proper reflection of your intended distribution of assets and is executed appropriately.
LEGAL ADVICE FOR ESTABLISHING AN APPROPRIATE ESTATE PLAN
Estate planning is more than just having a will. A will is a vital piece of a comprehensive estate plan; however, other legal tools are available that can work alongside a will. We advise clients on the appropriate mix of testamentary documents to execute their objectives. Some of these documents may include trusts, powers of attorney and personal directives. We take the time to know our clients so we can recommend the right estate plan for each family’s unique situation.
In particular, small-business owners require specific advice to determine the best way to pass the assets of that business, and its ownership, on to the next generation. Families who have children or dependant relatives with specific medical care needs may wish to ensure these individuals are properly provided for. At Mullen & Company, we will ask what issues are most important to you in the creation of an estate plan and give you our best advice as to how you should proceed.
Power Of Attorney/Personal Directives
POWER OF ATTORNEY ALBERTA
Planning for a time of incapacity is part of prudent estate planning. Deciding, while you are still mentally able, who will have the authority to care for your financial and personal care needs can save your loved ones time, money and emotional stress. While not every person will eventually become incapacitated to the extent that he or she cannot make his or her own decisions, for the families of those that do, the certainty of a power of attorney in Alberta or living will document removes a burden. At Mullen & Company, we are experienced legal advisors for Calgary-area individuals who want to plan for the future.
UNDERSTANDING PERSONAL DIRECTIVES AND ENDURING POWERS OF ATTORNEY
A personal directive is sometimes known as a living will. In Alberta, a personal directive allows you to appoint someone to make personal and medical decisions on your behalf, upon your incapacitation. These decisions include authorization for surgery, life support termination, housing, nutrition and personal care needs.
An enduring power of attorney is similar to a personal directive. This empowers an individual of your choosing to make financial decisions on your behalf. It comes into effect upon your incapacitation, and your representative can pay your bills, cancel financial accounts, sell your property and authorize other financial transactions.
IMPORTANCE OF APPOINTING A REPRESENTATIVE
If you do not appoint someone to make financial, personal and medical decisions on your behalf, someone will be chosen to make those decisions for you if you become incapacitated. This may be a public trustee appointed by the court system. If your family members want to become your representatives, they will have to submit formal applications, spending time and money at a time of already substantial emotional stress. By choosing representatives while you are still able, you prevent this burden and any family conflicts that may result.
Having these documents in place will provide order to your personal affairs. Even though your family members may have the best of intentions, and be equally committed to your well-being, they may not agree as to what your intentions are. A clear line of legal authority is the key to keeping family members away from the courtroom, and will minimize contention between your loved ones. Ultimately, it will give you control over what happens instead of a court.