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More than half of Ontarians believe they don’t need a will. Are you also among them?
Without a Will, your country’s intestate laws will make all decisions about the distribution of your assets. You are only allowed to choose the following:
A Will is a legal document that allows you to choose who receives what part of your property and assets when you die. Given the seriousness of the pandemic, Taman Singh Law Firm understands that many people wish to secure their future by protecting their property and estates.
We’d like to introduce you to our Wills and Power of Attorney Department, which will provide you with peace of mind. You can keep control by planning way in advance. The lawyers at Taman Singh Law will assist you in preparing all documentation and legal work to guarantee that all of your finances, property, and real estate are protected and properly managed in the case of an unexpected life event.
Taman Singh is a lawyer with RZCD Law Firm LLP. A law firm serving the Greater Toronto Area since 1993.
We take the time to understand your situation and ensure you get the help you need.
We make sure you are informed at each step of your matter. We will advise you of your legal rights and obligations but you make the final decision.
We care about you and are passionate about the work we do. You’re not just another client to us.
We are highly recommended by our previous clients. Customer satisfaction is a priority for us.
We are able to help you with your other legal needs!
We can communicate with you in English, Hindi, Punjabi, Urdu, Tamil and Gujarati.
WILL
For Property
For Personal Care
Protecting your cash, property, and real estate is an important step towards securing your future against a variety of problems. You should appoint someone you trust as your Power of Attorney, such as a spouse or a family member. When signing this legal document, it is also important to understand the rules and regulations.
A Will is a legal document that states your wishes and specifies how you want your assets divided after your death. Your Will names a person or individuals known as the executor or estate trustee who will handle your property in accordance with relevant regulations and might contains rules for your children or dependents, such as the appointment of guardians.
A Power of Attorney is a legal agreement in which you grant someone you trust, referred to as a “attorney” in the papers, the authority to make decisions for you if anything happens and you are no longer able to handle matters on your own. A Power of Attorney can handle your assets and finances, as well as your health care, housing, and other personal matters.
A Will and a Power of Attorney are both necessary components of a complete family plan. Working with Taman Singh Law’s experienced and talented lawyers is the first step towards safeguarding your legacy and achieving your property goals.
Call Us NowA last Will and Testament allows you to name successors and specify how you want your belongings to be divided after you die. A will also allows you to appoint a lawyer to be in charge of carrying out your wishes. It is essential to have a Will in order to make sure that your wishes are carried out. If you die without a Will, your property will be distributed among people according to a government-determined plan. This may not be in relation to your preferences and may raise the cost of managing your property.
A Will is necessary to ensure that your requests and wants about your property are carried out after your death. Also, if you die without a will and have minor children, a portion of your wealth may be left to them and kept in trust until they reach the age of majority. If you are married, this may cause issues for your partner. Having a Will ensures that your desires are carried out and that you protect your family and children.
Call Us Now1. Powers of Attorney
Powers of Attorney allow you to appoint a person or individuals to help you with medical, personal care, and financial decisions if you are alive but unable to make them for yourself. If you become physically or mentally disabled and are unable to make personal or financial decisions on your own, the attorney you have appointed can make these decisions for you. If you do not have a power of attorney, family members may be required to request to be your guardian, which is a time-consuming and costly process. In other cases, the public trustee and guardian of Ontario may be appointed to make those decisions on your behalf.
2. Power of Attorney for Personal Care
This document authorises someone or people to make medical or personal care choices for you if you are unable to do so.
3. Power of Attorney for Property
This contract allows a person or individuals to make financial and other choices on your behalf at any time after you sign it. The choice of your lawyer is critical because you must be able to trust them not to abuse misuse the power of attorney and to make the right decisions for you in your best interests.
Many Canadians are worried about how to handle their cash, property, and real estate as global uncertainty is increasing. As we become older, life might become more unexpected, such as a job or automobile accident or a sudden sickness that leaves you unable to manage your money. This is an excellent opportunity to appoint a Power of Attorney to manage your affairs.
A Power of Attorney is a legal document that you sign to allow one or more people to manage your funds, property, and real estate on your behalf. In most of Canada, the person you appoint (spouse, family member, close friend, etc.) is known as an attorney.
Call Us NowThere are generally three types of attorneys:
● GENERAL Power Of Attorney
It is a legal document that transfers control to your attorney over all or part of your funds, property, and real estate. It allows your attorney to handle your funds and property on your behalf while you are mentally incapable or unable to manage your business.
● FINANCIAL Power Of Attorney
You will select an attorney in advance to ensure that you name someone who will manage your funds properly. This is important if you have medical bills or long-term care needs. You must write this on paper while you are mentally capable.
● Healthcare Power Of Attorney
If you are unable to make health decisions for yourself, you will appoint someone else to do so on your behalf. This document, also known as a Living Will, is usually followed with your wishes for end-of-life care.
When to review and modify current property related papers:
We take the time to understand your situation and ensure you get the help you need.
We make sure you are informed at each step of your matter. We will advise you of your legal rights and obligations but you make the final decision.
We care about you and are passionate about the work we do. You’re not just another client to us.
We are highly recommended by our previous clients. Customer satisfaction is a priority for us.
We are able to help you with your other legal needs!
We can communicate with you in English, Hindi, Punjabi, Urdu, Tamil and Gujarati.
Contact us for a free 15-minute phone consultation and get all your questions answered in detail.