No matter your age, planning for the future is always a prudent thing to do. And, while it’s not something we want to focus on, your will and estate need to be planned out well before you pass away. The compassionate lawyers at Galarneau & Associates have years of experience writing wills and planning estates. We can help you determine to whom you want your assets to go, as well as what will happen to your estate.
When you need help with wills and estates matters in Ottawa, the lawyers at Galarneau & Associates understand how difficult this process is. We will work with you to ensure your family and property are taken care of after you’re gone.
Your will is a legal document that states your final wishes for your property, debts and other assets. It contains simple instructions to tell the court to whom your assets will go after you die. Your will also needs to detail who your executor, the person who ensures your will is carried out, is.
Without a will in place at the time of your death, your assets will be dispersed at the whim of the local government, which may not align with your actual wishes. You can bequeath your goods to particular family and friends, but a properly drawn out will should have provisions in place for underage or disabled beneficiaries as well. Galarneau & Associates can help you ensure all provisions necessary are in place.
While you may think of those with estates to be an exclusive group, almost everyone has an estate. Your estate is made up of everything you own, including your:
Other real estate
Estate planning is the process of determining what happens to these things when you pass away. On a basic level, estate planning entails planning in advance and naming whom you want to receive your possessions, but it also involves naming guardians and inheritance for minor children, providing for the transfer of your business at your retirement and much more.
To ensure your wishes are carried out posthumously, you need to set up your wills and estates. In Ottawa, Galarneau & Associates will help you ensure everything is planned and ready to go. It will be such a relief for you and your loved ones to know they’ll continue to be taken care of. To get started with this process, contact us to schedule our appointment.