After your divorce, you will likely want to amend your last will and testament. Now that your life has changed, so too perhaps, have your wishes for the distribution of your assets upon your death. In order to properly protect your assets and your beneficiaries, it’s important to consult a professional who can help you arrange your estate and draft instructions upon your death or mental incapacitation. Divorce Angels compiled and vetted a list of reputable estate lawyers in Toronto and the GTA who can help you through the process of changing your beneficiaries after your divorce.
Why Hire an Estate Lawyer
Your estate, irrespective of its size, is important to you. Distributing it after your death ensures that your beneficiaries, such as your children and other family members, will benefit without being left to deal with your creditors. The responsibilities of an estate lawyer reach beyond the filing of a last will and testament. Estate planners are also responsible for drafting legal documents such as living trusts, as well as strategically reducing estate taxes. A major aspect of estate planning is ensuring that those you leave behind are looked after as you have outlined and intended. Toronto estate lawyers in our professional listings have worked with people like you to redraft or update their wills after their divorce. Estate lawyers manage the following matters:
- Estate planning: helping you prepare the management of your estate, wealth, and property after your death
- Establishing a power of attorney and living trust in the unfortunate event of your incapacitation
- Ensuring that your children and other family members are protected from your outstanding debts
- Most importantly, making sure that your money and property are distributed and managed as you see fit
What to Expect From an Estate Lawyer
When looking for an estate lawyer, it’s important to work with someone you trust. There is no one standard fee rate; however, you should expect to pay more for experience and knowledge. If you don’t know where to start, then start with Divorce Angels. Divorce Angels has taken the research and guess work out of the hiring process. We provide our users with a complete and vetted list of reputable professionals who will help you with all your estate planning needs. An estate lawyer should be well versed in property law, as well as have knowledge of family law. Your attorney should be analytical, detail-oriented, and easy to talk to. It’s vital that your lawyer’s knowledge of estate law is up-to-date; otherwise, your family is at risk of being left with invalid documents after your death. You should feel comfortable discussing intimate information about your family life with your lawyer, so take your time selecting an attorney to work with.
Do You Need an Estate Lawyer?
Your family means everything to you. Making preparations for the future and ensuring your children are cared for in the event of your death will bring you peace of mind. Divorce Angels will guide you through the process of finding an estate planning lawyer in Toronto and the GTA who has the skills and experience to provide you with the best possible service and the budget that works for you. In the event of your divorce, ensure that your living trust and will and testament are legally updated to reflect your new circumstances. Feel free to consult our listing of professional services in your area.