Wills
and Estates
COWAN & TAYLOR
PROFESSIONAL CORPRORATION provides clients with basic estate planning,
administration and will drafting
for simple to medium sized estates as well as Powers of Attorney
for Finance and for Health Care.
Concerns which are addressed in this area of law include:
- appointing
primary and secondary executors
- choosing appropriate
guardians for children
- legitimately
removing assets from the ‘estate
pool’ to
reduce probate fees
- planning funeral
arrangements
- discussion
concerning charitable giving
- appointing
powers of attorney (not necessarily your closest partner)
- providing
for loved ones in their lifetime
- disposing
of assets
- specific cash
bequests to individuals
- providing
individual items to people.
Beneficiary List
Often, clients wish to
give specific items to individuals when they have passed away.
Generally, for non-financial gifts of smaller value
(this is a relative term), the solicitor will attach a ‘wish
list` which is referenced in the will or of which the executor is
fully aware of in terms of its contents.
Powers of Attorney
In Ontario,
Powers of Attorney provide for health care decisions and financial
management by a trusted and chosen loved one or advisor
while a person who is living cannot make those decisions. You
can designate as much or as little power as you wish your `Attorney`
to have although, understandably, if you are in a position
to not
make these types of crucial decisions, your time, energy and
maximum consideration is necessary.
Estate Administration
COWAN & TAYLOR
PROFESSIONAL CORPRORATION provides services for estate administration
for clients.
Often times, when a loved one
passes away, the executor is unable to deal effectively with the
settlement of the estate. Our office looks after filings and providing
probate services for our clients. The main objective is to make
the process as smooth and painless as possible for the executor
and the
beneficiaries.
