- To protect your interests: there are limitation periods on the amount of time you have to bring your claim. A lawyer can help you meet these deadlines to protect your claim.
- To provide guidance: a lawyer can review your situation objectively to determine whether or not you have a valid claim. This will save you the time, expense, and energy of applying to the court without success.
- To alleviate stress: the passing of a loved one is emotionally exhausting. It can be difficult to assess your claim and take the steps to apply to the Court while grieving. A lawyer can do this work for you so that you can focus on yourself and your family during this difficult time.
- To ensure proper execution: there are a number of technical requirements to execute a valid Will. It is best to ensure these are met by consulting with a lawyer while you are alive, instead of allowing the Court to determine the validity after you are deceased.
- To minimize taxes owed: certain transactions will trigger taxes in estate planning such as property transfers. An estate planning lawyer can help you organize your assets so that the maximum amount of money will be available for your beneficiaries.
- To protect your assets: the best time to hire a lawyer is before there is any possible litigation. Hiring an estate planning lawyer can ensure that your assets and Executor are not subject to future litigation.
- To advise on jurisdictional issues: the courts of British Columbia will only deal with the assets in Canada. If you own assets in multiple jurisdictions, it is important to consult with an estate planning lawyer as these may need to be placed in a second Will, or be disposed of otherwise to avoid tax implications.
Leo’s Story – Bicycle Accident
Before his collision, Leo was in excellent health and extremely active. He worked full time as a senior software developer and was an avid cyclist.
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