Drafting your Last Will & Testament
Neufeld Legal P.C. can be reached by telephone at 403-400-4092 or email Chris@NeufeldLegal.com
Your Last Will & Testament is the legal foundation through which you are capable of better insuring the financial security of your loved ones upon your death. It enables you (the Testator) to impose some degree of control over the management and disposition of your assets and financial affairs upon death (thereby avoiding the intervention of the court in the determination of your financial disposition, when the court lacks personal knowledge of your wants and desires (as distinct from probate, which is a court process intended to confirm the Testator's (your) intentions upon death)).
Given that this particular legal document sets out the manner in which your accumulated financial wealth is to be dispensed, it makes sense that it be properly developed with the able assistance of a knowledgeable and experienced lawyer. The role of a lawyer is even more important when dealing with minor children or disabled children, physical incapacities, divorces and family estrangement, and foreign property. As such, take control by getting your Last Will & Testament drafted correctly to reflect your true wishes and desires (given the legal issues that can arise with a deficient Will, which is not easily rectified when the Testator is dead).
Contact our law firm today to learn how our legal team can help you plan for the future or deal with the legal demands associated with the passing of a loved one. Contact our law firm at 403-400-4092 or via email at Chris@NeufeldLegal.com to schedule a confidential initial consultation.
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What Happens if you Die without a Will? Who gets your Property? - Should you die without a legally valid will, also known as dying "intestate," you will have no say in how the assets of your estate are distributed upon your death. Instead, the laws of your particular jurisdiction (for example, in Alberta the Wills & Succession Act) will determine who will administer your estate and who will inherit your property, which might not align with your personal wishes. . . . Read more. |
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Why Review and Update Your Will? - Although most people would prefer to avoid going through the added time and cost involved in having their last will & testament reviewed and update, there are numerous reasons for which this needs to be a regular occurring process, in particular where the courts have made the process of administering a will that much simpler if it meets revised administrative requirements. . . . Read more. |
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A Major Problem with Many Wills: Insufficient Scenarios Contemplated - One of the more consequential problems that I find with far too many wills is that there were an insufficient number of scenarios contemplated and tested in the preparation and drafting of the last will & testament. As such, if certain plausible fact patterns were to transpire, the will might be incapable of providing a viable outcome, the resulting outcome might be contrary to the individual's preferences or the situation might necessitate the intervention of the Surrogate Cost and a costly court litigation process. Read more. |
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Choosing an Executor for your Will - Choosing an executor for your will is a significant decision, as this individual will be responsible for carrying out your final wishes and managing your estate during a potentially difficult time for your loved ones. . . . . Read more. |
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Is Probate a Serious Financial Cost in Alberta - Given how much you might have read and heard about avoiding the high costs of probate, you might well be asking yourself if probate is a serious financial cost in Alberta? And if so, are there steps that you need to take to reduce or eliminate the cost of probate in Alberta? . . . Read more. |
IMPORTANT NOTE: This website is designed for general informational purposes. The site is not designed to answer specific questions about your individual situation or entitlement. Do not rely upon the information provided on this website as legal advice in respect of your individual situation nor use it as substitute for individual legal advice. If you want specific legal advice, you need to engage a lawyer under established legal engagement procedures that have been specifically agreed to by that lawyer.