De Krupe Law
Contact Wills and Estate Planning Lawyers in Toronto Today
Even if it is hard to think of your death now, we encourage you to think of ways to take care of your spouse and family when you won’t be here anymore. De Krupe Law is a team of skilled wills and estate lawyers who are here to discuss your short-term and long-term planning goals. We will ensure you have the peace of mind that you deserve by maximizing the value of your assets and reducing the taxes paid upon your death.
Wills, Succession and Inheritance Planning
Our experienced wills and estate lawyers help with a vast range of legal services. We provide advice on probate process, help to avoid it in several cases and work with all types of power of attorney. Regardless of the number of properties you need to handle and the complexity of your case our team will be your dedicated estate administrators, trustees, executors and litigators.
Why Do You Need a Will?
Estate planning is the process of preparing and organizing an individual’s assets distribution during their lifetime. It involves deciding who will manage and receive the property when the individual is no longer alive. And the Will is the last declaration of your wishes. At De Krupe Law, our experienced and qualified wills lawyers ensure that your Will will be fulfilled and provide the strategic asset protection required to manage and preserve your assets.
An adequately structured Will protects you and your loved ones from all the uncertainties of life by saving your control over the property rather than relying on the rules under the Succession Law Reform Act, which apply to individuals who pass away without it. Our lawyers help with Probate, PoA and any other family law issues as well. With our planning, wills planning and trusts, you can be that all your wishes are protected and will be 100% fullfilled.
An adequately structured Will protects you and your loved ones from all the uncertainties of life by saving your control over the property rather than relying on the rules under the Succession Law Reform Act, which apply to individuals who pass away without it. Our lawyers help with Probate, PoA and any other family law issues as well. With our planning, wills planning and trusts, you can be that all your wishes are protected and will be 100% fullfilled.
Do You Need a Wills and Estate Lawyer to Draft a Will?
No. Legally, you don’t need a lawyer to draft a Will. However, De Krupe Law lawyers can help you make the difficult but essential decisions regarding the preparation of your Last Will and assets administration planning in the best interest of your beneficiaries.
It may be surprising, but almost all significant events require a legal expert to help guide you through legal processes, such as buying a property, the birth of a baby, or death in your family. We live them through with you with all compassion and respect for your needs. We provide our clients with efficient and cost-effective solutions. With our experienced team, you can be sure that your assets will be managed and preserved to the highest standards.
It may be surprising, but almost all significant events require a legal expert to help guide you through legal processes, such as buying a property, the birth of a baby, or death in your family. We live them through with you with all compassion and respect for your needs. We provide our clients with efficient and cost-effective solutions. With our experienced team, you can be sure that your assets will be managed and preserved to the highest standards.
Documents You Need to Draft a Will with Wills Estate Lawyers Toronto
The following list is just an example of documents you may need. Each situation is unique, that’s why we may ask you to provide additional details.
- Birth, death, marriage & divorce certificates;
- Deeds & mortgages;
- Bank account numbers;
- Investment portfolio account numbers;
- Insurance policy numbers;
- Funeral plans and burial lot information;
- List of Assets.
Call us today to book a free consultation with our experienced wills and estate lawyers in Toronto. We’ll completely eliminate the stress of the Wills drafting and assets administration processes so you can focus on what’s really important — your family.
GET YOUR FREE CONSULTATION TODAY
Wills and Estate Lawyers Explains The Difference Between Last Will & Living Will
Last Will
A Last Will and Testament is a legal document that specifies how a person’s assets and properties will be distributed after their death. You can draft it on your own or ask our team to help and make it beneficial and legally sound. We work with mirror wills, multiple wills and more for tax-efficient estate planning.
- Purpose | To distribute assets, appoint guardians for minors, and name an executor for the administration.
- Activation | Takes effect upon death.
- Focus | Primarily on financial matters and property distribution.
- Content
- Distribution of assets to beneficiaries.
- Appointment of an executor.
- Instructions for paying debts and taxes.
Living Will (or Healthcare Directive)
A Living Will or Healthcare Directive is a legal document that provides instructions about medical treatments and end-of-life care if the individual becomes incapacitated and unable to communicate their wishes.
- Purpose | To outline healthcare preferences and decisions for end-of-life care.
- Activation | Takes effect when a person is incapacitated and cannot make their own medical decisions.
- Focus | Primarily on healthcare decisions.
- Content
- Preferences for medical treatment in case of terminal illness or severe injury.
- Instructions about life-support measures, resuscitation, and pain management.
- Appointment of a healthcare proxy or agent to make decisions on behalf of the individual.
Regardless of the service you need, De Krupe Law wills and estate lawyers are always here to help with all your assets administration needs. You can visit any of our conveniently located offices to draft a Will. For those in need of a Living Will, we offer remote signing services (Zoom, Skype) and hospital visits. There is no legal issue we can’t help with!
Wills Lawyers in Toronto for TSFA Transfer
One of the most significant Will benefits is that you can save some of your family funds on taxes. It depends on how much estate you have and what type of Will you decide to make. Our wills and estate lawyers also help you transfer a TSFA (Tax-Free Savings Account) to your spouse or other beneficiary or successor holder. Read our informative blog post on bequeathing your TFSA and its benefits versus RRSP, or consult with our lawyers today!
What Is a Codicil?
Imagine that you decided to change your Will. Does it mean that you need to forget about an old one and draft a new Will from scratch? Not always. For minor changes, like adding or removing your will beneficiaries, there’s a codicil. In simple words, it is a written amendment to your existing Will. Even if it does not seem that important, you definitely need the help of our wills lawyers toronto to make legally sound adjustments.
