A will is an important legal document. Even if you have straightforward assets and few beneficiaries, it is a good idea to meet with a lawyer who can guide you through the will-drafting process. In general, you can make whatever provisions you see fit in a will, but in British Columbia, you must also adhere to certain guidelines.
Laughlin & Company Lawyers Mediators in Port Coquitlam can give you the guidance you need. Upon understanding your intentions, we can help you to draft a will in a way that will give effect to your wishes, while still conforming with the law and avoiding estate litigation.
Benefits Of Having A Will
A will is one of the best ways to make sure your wishes are carried out after you pass on. The document can specify who gets all of your possessions, and how your financial assets are distributed. It also gives you the opportunity to make bequests to charitable organizations, educational institutions or other recipients of your choosing. If you have young children or pets, you can name their guardian in your will. Small business owners can ensure continuity of their enterprise using specific language in their wills.
In British Columbia, a court can vary the terms of a will if it does not meet certain specifications. For example, in general, you cannot disinherit your children or a dependent spouse. At Laughlin & Company, we will take the time to review your assets and estate plan. In addition to reviewing the proposed provisions, we will make sure it is properly signed, witnessed and is unlikely to be challenged for technical reasons. We’ll help you assign an executor who is the person who will be ultimately responsible for carrying out your wishes.
To speak with a lawyer in Port Coquitlam about wills and estate planning, contact us for an appointment. Call the firm at 604-239-0800 or get in touch online. Our firm helps clients in the Tri-Cities communities of Poco, Port Moody, and Coquitlam.