Call Us Today: 604-468-8900
Schedule An Appointment With Us 604-468-8900
Garton & Harris
  • Home
  • About Us
    • Philip J. Dadson
    • Stuart F. Ross
    • Patrick Verrier
  • Wills and Estates
    • Estate Planning
    • Wills
    • Powers of Attorney
    • Representation Agreements, Living Wills
    • Trusts
    • Probate and Estate Administration
      • Probate With And Without A Will
    • Will Challenges
  • Business Transactions
    • Buying Or Selling A Business
    • Incorporation Or Setting Up A Business
  • Litigation
    • Business Disputes
    • Construction Disputes
  • Real Estate
    • Residential Purchase And Sale
    • Commercial Real Estate
    • Property Development
      • Subdivision
    • Foreclosures
  • Family Law
  • Blog
  • Contact
  • Menu Menu

Wills aren’t just for the well-to-do — they’re for everyone

May 31, 2019/in Wills /by gartonandharris

Estate planning may often be driven less by what an individual has and more in regard for loved ones left behind. Some British Columbia residents may be under the assumption that because they don’t have many assets they don’t need to have wills. Professionals in estate planning say this isn’t the case.

It is especially important for parents to have a will. Who will become the guardian of any minor children should something happen to the parents? These types of things are spelled out in wills. Although it is not essential that wills be prepared by lawyers, it is not a wise decision to go it alone since DIY wills can come with a host of issues. Lawyers’ fees are insignificant when compared to costs of having to go to court to sort out homemade wills. 

Children are the most precious assets parents have. Should parents die intestate and without the mention of who should look after their children, it could cause much familial anguish and create havoc in the children’s lives. A will is beneficial for many reasons, not just for financial wishes to be carried out. 

A British Columbia lawyer can assist all residents in preparing their wills. Whether the estates are worth millions of dollars or if there are few assets in the estate, having a will gives individuals a say on what they would like to have happen to the belongings. When clients have children, it is in their best interests for parents to have up-to-date wills.

https://gartonandharris.com/wp-content/uploads/2020/11/garton-and-harris-logo-full-02.png 0 0 gartonandharris https://gartonandharris.com/wp-content/uploads/2020/11/garton-and-harris-logo-full-02.png gartonandharris2019-05-31 00:00:002019-05-31 00:00:00Wills aren’t just for the well-to-do — they’re for everyone

Essential aspects that should be included in all wills

May 16, 2019/in Wills /by gartonandharris

In the busy-ness of life, most people don’t really think about their lives coming to an end, especially younger people. But when it comes to estate planning and wills, British Columbia residents really should pause and consider what it would mean to their loved ones if they died without leaving appropriate documents, especially if they have younger children. Creating a will and keeping it current really isn’t all that daunting, especially when legal help is available. 

When writing a will, a power of attorney should always be included. This allows someone to act on behalf of the testator when he or she can no longer do so. One speaks to financial aspects of a person’s life, and the other deals with personal issues like health care, while a will properly addresses what happens to the testator’s estate upon death. There are essential components of a will that need to be addressed, such as who will care for any minor children in the event of the testator’s death (usually a spouse if there is one) and who will be the executor of the estate.

A will can be as distinct as the person writing it and can also become complicated if a person was married more than once. A will can address any specific issues a testator has, such as any issues pertaining to a business. Furthermore, a testator can indicate just how he or she wants his or her assets disseminated and to whom by including the names of all beneficiaries.

Wills are living documents and should be updated as life changes. A British Columbia lawyer experienced in estate planning can work with clients to help them draw up wills that are in sync with their lifestyles. A lawyer can explain to a client what should and should not be included in an estate plan and help in fashioning a document that not only adheres to the law, but that is all-encompassing.  

https://gartonandharris.com/wp-content/uploads/2020/11/garton-and-harris-logo-full-02.png 0 0 gartonandharris https://gartonandharris.com/wp-content/uploads/2020/11/garton-and-harris-logo-full-02.png gartonandharris2019-05-16 00:00:002019-05-16 00:00:00Essential aspects that should be included in all wills

Categories

  • Blog
  • Civil Appeals
  • Civil Litigation
  • Class Action Litigation
  • Estate Administration & Probate
  • Federal Appeals
  • Power of Attorney
  • Uncategorized
  • Wills

Recent Posts

  • Are do-it-yourself wills worth the risk?
  • What can go wrong when buying a business in Canada?
  • How to “stress test” a will throughout one’s life
  • Are wills necessary if all assets have joint ownership?
  • How should individuals update their wills following a divorce?

Archives

  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014

Schedule An Appointment With Us

SEND US AN EMAIL

© 2020 by Garton & Harris. All rights reserved.
Disclaimer | Site Map | Privacy Policy

REVIEW OUR FIRM
Scroll to top