De Krupe Law
Contact Wills 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 help you avoid the probate process if necessary and 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 provide a wide range of legal services. We provide advice on the probate process, help 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 asset distribution during their lifetime. It involves deciding who will manage and receive the property when the individual is no longer alive. Estate planning also helps avoid the probate process in the future. At De Krupe Law, our experienced and qualified wills lawyers help with efficient estate planning and testament and trust law.
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 probates, PoA, and any other family law issues. With our estate planning, testament planning and trusts, you can be sure that all your wishes are protected and will be 100% fulfilled.
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 testament and assets administration planning in the best interest of your beneficiaries.
Regardless of the service you need, De Krupe Law wills and estate planning lawyers are always here to help with all your assets administration needs. You can visit any of our conveniently located offices to draft a Testament. 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!
Documents You Need to Draft a Will with Wills Lawyers Toronto
The following list is just an example of documents you may need. Each situation is unique, so we may ask you for 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 planning lawyers in Toronto. We’ll completely eliminate the stress of the Testament drafting and assets administration processes so you can focus on what’s really important — your family.
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Wills and Estate Lawyers Explains The Difference Between Last Will & Living Will
Last Will
A 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 various will types, probate processes, estate planning and trust law 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
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.
- Life-support measures instructions, resuscitation, and pain management.
- Appointment of a healthcare proxy or agent to make decisions on behalf of the individual.
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!
