Wills and Estate Law
Secure Your Future and Protect Your Interests
Planning for the future and ensuring the proper distribution of your assets is a critical step in securing your legacy. At Pegasus Law, we specialize in providing comprehensive and reliable wills and estate law services in Ontario to help you navigate this important aspect of your life.
To ensure proper estate planning, it is advisable to create a will once you have reached the age of majority and own substantial assets. However, certain exceptions allow for the creation of a will at a younger age, such as being on active duty with the armed forces or getting married before reaching the age of majority. This applies to both pre-death documents, including powers of attorney.
It is important to note that in the absence of a will, the Succession Act comes into effect, determining the distribution of your assets and property. Without clear instructions in a will, your estate may be subject to the government’s disposition if you have no heirs.
By proactively creating a will, you have the opportunity to designate beneficiaries and ensure that your assets are distributed according to your wishes. This allows you to have control over the distribution of your estate, providing financial security and peace of mind for your loved ones.
If you require professional guidance and assistance with wills and powers of attorney in Ontario, Pegasus Law is here to help. Schedule a consultation with our experienced team to discuss your unique requirements and take the necessary steps to secure your future and protect your interests.
Array of services Our firm offers to assist clients in wills & estate planning:
- Drafting of Last Will & Testament
- Drafting of Living Will
- Drafting of Affidavit of Execution
- Appointment of guardians, trustees & executors
- Updating & reviewing a Will
- Mirror Wills between spouses
- Power of attorney for property.
- Power of attorney for personal Care.
- Estate Planning
Wills and Estate Law
Secure Your Future and Protect Your Interests
Planning for the future and ensuring the proper distribution of your assets is a critical step in securing your legacy. At Pegasus Law, we specialize in providing comprehensive and reliable wills and estate law services in Ontario to help you navigate this important aspect of your life.
Our Services
To ensure proper estate planning, it is advisable to create a will once you have reached the age of majority and own substantial assets. However, certain exceptions allow for the creation of a will at a younger age, such as being on active duty with the armed forces or getting married before reaching the age of majority. This applies to both pre-death documents, including powers of attorney.
It is important to note that in the absence of a will, the Succession Act comes into effect, determining the distribution of your assets and property. Without clear instructions in a will, your estate may be subject to the government’s disposition if you have no heirs.
By proactively creating a will, you have the opportunity to designate beneficiaries and ensure that your assets are distributed according to your wishes. This allows you to have control over the distribution of your estate, providing financial security and peace of mind for your loved ones.
If you require professional guidance and assistance with wills and powers of attorney in Ontario, Pegasus Law is here to help. Schedule a consultation with our experienced team to discuss your unique requirements and take the necessary steps to secure your future and protect your interests.
Contact us to schedule a consultation:
+1(905)348-3633
Privacy Policy
Will Preparation
Crafting a well-drafted will is essential to ensure your wishes regarding the distribution of your assets are honoured. Our experienced team will guide you through the process, ensuring that your will is legally sound and tailored to your specific needs. We can assist with wills for individuals, couples, parents, and business owners, considering any unique considerations or complexities.
Will Review & Updates
Regularly reviewing and updating your will is essential to keep it in line with your current circumstances and preferences. We recommend revisiting your will every five years or whenever significant life events occur, such as marriage, divorce, the birth of a child, or acquiring substantial assets. Our team can assist you in reviewing and updating your will, making necessary adjustments to reflect any changes in your situation.
Power of Attorney
Establishing a power of attorney is crucial to designate a trusted individual who can make important decisions on your behalf in the event of incapacity. We provide guidance and assistance in drafting both the Power of Attorney for Personal Care and Power of Attorney for Property documents. Our team will ensure that your instructions are clearly outlined, protecting your interests and providing you with peace of mind.
ESTATE PLANNING
Estate planning involves organizing assets, charitable contributions, and business holdings based on your preferences to benefit individuals or causes important to you. As an estate planning lawyer, we can proactively manage, preserve, and distribute your assets. We assist with personalized wills, financial organization, planning for dependents, and establishing estate trusteeship.
Will Drafting Checklist
When meeting with a Pegasus Law Wills and Estate lawyer to discuss planning your will, there are several important topics and considerations you may want to discuss. Here are some key points to cover during your appointment:
Instructions
Communicate your wishes and goals for drafting the will
Assets & Liabilities
Provide a comprehensive list of your assets & liabilities
Beneficiaries
Specify your desired beneficiaries
Guardians for Children
For minor children, understand the legal requirements & limitations
Executors
Select your executor wisely as it is a responsibility, not just an honorary role
Your Estate Planning Checklist
When meeting with a Pegasus Law Wills and Estate lawyer to discuss planning your estate, there are several important topics and considerations you may want to discuss. Here are some key points to cover during your appointment:
Appointments
A list of estate trustees, executors or personal representatives
Will & Power of Attorney
Your Will, any amendments, and power of attorney documents.
Records
Investment records and RRSP, RRIF, pension or bank statements
Guardian Appointment
A list of potential guardian appointments