Wills & Estates
With our assistance, you can take comfort in knowing that you will be creating wealth in a manner that is most advantageous from a tax perspective, and in a way that best grows your assets for the benefit of your intended beneficiaries. Your decisions about how you wish for your assets to be distributed upon your death will also be insulated in the best way possible from those who seek to alter this distribution.
If you have been tasked with the responsibilities of an Executor or Executrix of a loved one’s Will, the Wills & Estate lawyers at Bronson Jones & Company LLP can work with you to ensure that the estate is properly distributed to the intended beneficiaries, or that the next of kin are correctly provided for if your loved one dies intestate (without a Will).
You work hard your whole life to accumulate assets and wealth for the benefit of yourself, your family, perhaps other loved ones, or even strangers through charitable gifts or foundations. An estate plan is important to ensure that this accumulation of wealth (your estate) is distributed in accordance with your wishes upon your death. An estate plan also helps to ensure that people who you trust are able to make important financial, legal, and healthcare decisions on your behalf if you become unable to do so because of mental incapacity.
The Executor or personal representative of a deceased’s Will has many important responsibilities, examples of which may include the planning of a funeral, obtaining a Death Certificate, carrying out a Wills Notice Search from BC Vital Statistics, identifying the proper applicant/personal representative who will apply for a Grant, cancelling pension payments, applying for death benefits, determining the specific type of Grant required from the Court, providing notice to all beneficiaries and next of kin, identifying all assets of the deceased, identifying all debts and liabilities of the deceased and giving notice to prospective creditors, applying to the Court for Probate (a judicial process in which the Will is proven to be valid and authentic), selling properties, handling investments, and preparing income tax returns. The responsibilities of an Executor or personal representative can be complex and may seem particularly overwhelming when he or she is also struggling to cope with the loss of a loved one.