Wills and Estates

No one likes to think about their own death –or that of a loved one. But having a Will, or determining a Power of Attorney are important ways to care for yourself and your family should the unthinkable occur.

A Matter of Vital Importance

Will planning is vital in order to distribute your estate in a way that reflects your intentions and wishes. If you die without a will, the law will determine how your estate is distributed.

Valentin Erikson can assist you with making the difficult but important decisions in regards to your estate so that your loved ones will have the peace of mind that they deserve. Mr. Erikson can help with the preparation of your last Will and Testament and ensure that your estate is distributed in accordance with your wishes.

Comprehensive estate planning and determining the transfer of your wealth will give you peace of mind. Having clerked at the Tax Court of Canada and worked with the Minister of National Revenue for several years, Mr. Erikson knows how you and your beneficiaries can take advantage of all available tax saving strategies.

We will also discuss the importance of having Powers of Attorney in place for both Property and your Personal Care.  

Frequently Asked Questions on Wills

The short answer is yes. Writing a valid Will is the only way you can be sure that your wishes are carried out and your loved ones provided for after your death.Also, dying without a Will may cause your family the distress of resolving legal problems on top of losing a loved one.
It is perfectly legal to write your own Will, but few of us have the skills needed to do this properly.  It is said that lawyers make more money sorting out badly written or invalid Wills than they do out of writing them!
If you die without a Will the laws of intestacy determine who will inherit. This may not be what you were expecting. It is essential to write a Will if you wish to be sure that the people you wish to benefit are the ones who do.
◦ To ensure that the bequests are current.
◦ To ensure that the beneficiaries are current.
◦ To ensure that new assets do not fall into the residue of the Estate.
◦ To ensure your Estate is administered in a cost-efficient manner and maximizes the inheritance received by the beneficiary(ies)