Yes. Without a Will, your estate will be distributed according to intestacy laws, which may not align with your wishes. A Will ensures your assets go to the people you choose and can appoint guardians for your children.
If you die without a Will (intestate), the government determines how your assets are distributed based on a set formula. This can lead to unintended outcomes, family disputes, and delays in settling your estate.
You should review your Will every 3-5 years or after major life events such as marriage, divorce, birth of children, significant asset changes, or the death of a beneficiary or executor.
A Will takes effect after you die and deals with your estate. A Power of Attorney takes effect while you're alive but unable to manage your own affairs due to incapacity. Both are essential parts of comprehensive estate planning.
A Testamentary Trust is created through your Will and can provide tax benefits, asset protection, and control over how beneficiaries receive their inheritance. It's particularly useful for families with young children, vulnerable beneficiaries, or significant assets.
Once we've gathered all necessary information during your consultation, most Wills can be prepared within 1-2 weeks. More complex estates with Testamentary Trusts may take slightly longer.
Yes. You can update your Will at any time through a formal amendment (codicil) or by creating a new Will that revokes the previous one. We recommend reviewing your Will regularly to ensure it remains current.
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