Wills

The law offices of Stephen Shub will prepare a Wills Package, which includes
1) A Will
2) Power of Attorney for both Property and Personal Care
3) An Affidavit of Signature

When wills are being done in our law offices, we focus strictly on methods of distribution of whatever assets you own at the time of death (rather than using estate planning methods for tax reduction, for which you should consult an estate planning specialist). No one can predict the future regarding whether one might end up, (at the time of death), with $5 million or $5 in net assets.

An example of a typical formula for distribution of assets by a husband and wife (married for the first time) with two children would be that each spouse leaves everything to the other spouse.  However, if both die (for example, in a common accident), all assets might be left to the children in equal shares, to be held in trust for such children until each reaches an age specified by you (we normally recommend age 21).  Until such age, the trustee(s) (named by you) can use the funds for the education, health and welfare of your children.

NOTE: Of course, you can develop your own formula for distribution of assets since the above-mentioned formula is only an example. Wills can be changed any time (before death, of course!).

When wills are being done in our law offices, we focus strictly on methods of distribution of whatever assets you own at the time of death (rather than using estate planning methods for tax reduction, for which you should consult an estate planning specialist). No one can predict the future regarding whether one might end up, (at the time of death), with $5 million or $5 in net assets.

An example of a typical formula for distribution of assets by a husband and wife (married for the first time) with two children would be that each spouse leaves everything to the other spouse.  However, if both die (for example, in a common accident), all assets might be left to the children in equal shares, to be held in trust for such children until each reaches an age specified by you (we normally recommend age 21).  Until such age, the trustee(s) (named by you) can use the funds for the education, health and welfare of your children.

NOTE: Of course, you can develop your own formula for distribution of assets since the above-mentioned formula is only an example. Wills can be changed any time (before death, of course!).

Wills done at our office now include a document called an Affidavit of Execution of Will (“Affidavit”). This Affidavit is a sworn statement, under oath, by the person who witnessed the signing of the will. The signed Affidavit serves to simplify the probate process in the event the witness(es) is not available at a later date.

For more information regarding wills done by our office, including legal fees and Frequently Asked Questions, please visit our sister site: www.willplanningontario.ca

To quickly request a Will with our office, please download the WILL REQUEST FORM