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FAQs

Why should I have a Will?

  • Delay, uncertainty, and added costs in the administration of your estate will be avoided.
  • Family conflict and litigation will be avoided.
  • You will provide for an orderly administration of your estate by persons whom you trust to administer the estate.
  • You are in control. You decide how much each beneficiary or charity will receive and when the beneficiary will receive his or her share.
  • You can provide for outright gifts or you may create trusts, especially if you have minor children and do not want the children to have control over a substantial estate when they attain the age of majority.
  • You will safeguard your assets from the beneficiary or his or her creditors.
  • You can minimize or defer probate or income taxes.
  • You can appoint a guardian of a minor child.
  • If you have no family, you can designate an heir, otherwise the government receives your estate.
  • You will have certainty and peace of mind.
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© 2015 Lawrence, Lawrence, Stevenson LLP

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43 Queen Street West, Brampton, ON, Canada L6Y 1L9
Telephone: 905.451.3040 Fax: 905.451.5058 Email: lls@lawrences.com

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