One may think that their life is going as planned and would also agree that making a will is life’s important decision to be taken as early as possible. However, it is surprising how few people actually end up making a will. At SHAIKH LAW, Our Wills & Estates Lawyer Toronto would help you make a Will reflecting your wishes, in light of your circumstances. Our Toronto wills Lawyer cost is transparent with No Hidden Charges! Call Us to book 15 minutes Wills and Estates Lawyer Toronto Free Consultation over the phone.
As a parent, you may want to consider who will look after your children if you are not around especially If you have children under the age of 18. As your children grow older you would want to have a system in place to help them manage their assets, their health care, and other needs.
It is always better to make a will and plan for your loved ones as early as possible.
Sepctrum of Wills and Estates Law Services Offered At Our Law Firm.
An amendment to a Will is referred to as a Codicil to a Will. A Codicil is prepared to make minor changes, such as adding or removing a beneficiary of the Will.
The key benefit of having a will in Canada is choosing who will get your property and how it will be divided among your beneficiaries. Another essential component of a will is to make specific gifts and appoint a guardian for your minor children.
Therefore it is important to have a will, if you have a property or any form of assets such as balance in the bank or a car or minor child and want to make sure your assets are divided as per your wish and/ or your minor child has a guardian after your death, you should have a will in Canada.
No, you do not need a lawyer to prepare a will in Toronto. As per Canadian law, even a handwritten will is legally valid. If your Will is simple where you are leaving everything to a specific person, for example, your brother, you do not need a lawyer to draw up a will. It would be cost-effective to use an online will template.
However, using a wills lawyer to help you draw up a professionally drafted Will cannot be underestimated. Lawyers are aware of estate laws and can help clients prepare a better estate plan when drafting the Will. Spending an extra on a wills lawyer would go a long way to protect you and your loved ones.
The cost of a Will in Toronto varies drastically between online will template to wills professionally drawn up by a wills lawyer in Toronto. Average, an online will template costs between $39 to $90. In contrast, Toronto Lawyer specializing in wills costs from $180 to $450 to prepare a will.
At Shaikh Law Firm we keep it simple. We have fixed cost of a Will in Ontario, including Law Office Disbursements.
A Last Will is a Legal document recording direction on how to distribute all assets & properties among beneficiaries after death.
A Living Will, also known as a healthcare directive, is a legal document recording personal health care directives applicable when you are incapable of making a decision, such as physical or mental incapacity.
Our Toronto Wills and Estates Lawyer Fees for drafting a single Will is $450 + Tax and $720 for mirror wills (between spouses).
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