3 Reasons Everyone Needs an Estate Planning Attorney to Draw Up Their Will

by | Apr 27, 2021 | Lawyer

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It’s still a common myth that you don’t need a will if you’re not wealthy or reasonably well off. In fact, everyone should avoid dying intestate, or without a will. When you haven’t hired an affordable will lawyer in Toronto, you’re taking a chance that the government will make the same decisions you would have made. This is rarely the case, and dying intestate leaves the following considerations at risk.

Custody of Your Minor Children

One of the most important reasons to have an attorney help you with a will is so you can determine the future care of your minor children. This is the only way you have to ensure the care of your children will be placed in the hands of someone you trust. Without a will, the courts may choose a guardian for your children who you would not have trusted to love and care for them.

Choose Your Heirs

Your will also provides you with an opportunity to determine how your assets are divided. This may be especially important if you have children from another marriage or if you have been married more than once. Your lawyer will help you create a comprehensive will that addresses all of your concerns.

Choose Your Executor

An affordable will lawyer in Toronto will also help you select an executor for your will. As with the custody of your children, the courts will select an executor if you don’t name one yourself. When you choose your own executor, you can select someone you trust to take care of your assets and ensure the terms of your will are fully carried out.

You can have your will drawn up for a reasonable fee when you contact https://kimellaw.com

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