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LAST WILL AND TESTAMENTS
Starting Standard Fees for multiple documents:*:
Power of Attorney $389
Last Will and Testament $389
Health Care Directive $199
*Important notes re fees:
For one, single document, fees start at $489. So, the above listed discount pricing starts with more than one document. Fees DO NOT include disbursements. All lawyers have disbursement expenses and pst/gst. We charge a discounted flat-rate disbursement expense for our drive time. So, no hourly billing, saving you money.
*Prices are based on "basic" or "standard" documents. Contact us for details. In assessing fees, we take both age and circumstances into account. If we have to do an assessment, based on your age, (75 or older) and circumstances, that is an extra fee.
*The above fees do not apply to hospital, senior's / nursing / care residences, independent living residence appointments, or if you are receiving home care, questions of mental capacity, or for any documentation that is not standard, or to estate consult/planning. Appointments involving a hospital, any type of care facility or independent living centre are typically approx. double the cost. (Note: We generally do not take on urgent deathbed Wills that have been left to the last minute in hospitals or care facilities, etc.).
Consultations, PST or GST tax, disbursements, home visit costs not included. Power of attorney and Will service in Winnipeg & surrounding areas.
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Lawyer & Notary Public, Winnipeg, Manitoba. Contact us today.
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A Will is a legal document whereby you explain what you want done with your “estate”. Your estate consists of any land, house, money, investments, personal items and other assets that you own. Note that a Will does not deal with assets you jointly own with another person, for example, a joint bank account or a house owned in joint tenancy.
In a Will, you name a person or company to be the “executor”. The executor gathers up the estate, pays your debts and taxes, and then divides what remains of your estate among the beneficiaries (the people named in your Will to receive a share of your estate). Choose an executor you trust and who will likely survive you. It may be a friend, relative, professional or a trust company. You can appoint more than one executor who can act together as co-executors, and you can also choose an alternate executor.
Why have a Will? The simple answer is that having a Will ensures that your estate is distributed according to your wishes as opposed to distribution pursuant to the The Intestate Succession Act.
It also makes financial sense. A Will can minimize cost, both in terms of taxes and probate fees. If you die without a Will, it usually costs more. This means your loved ones may receive less.
A Will avoids the complications and inconvenience of dealing with an “intestate estate”. If you die without a Will, it is more complicated and time-consuming for the people who survive you to settle your estate. Most importantly, a Will ensures that your intentions are carried out. It ensures that the appropriate people receive the estate proceeds. This concern is particularly acute given the prevalence of blended families. A Will also allows you to appoint guardians for your infant children and express your wishes as to burial or cremation.
IF YOU ALREADY HAVE A WILL you should review it every few years to make sure that it is current or more often if your circumstances change. For example, your executor may have moved or may no longer be able to manage your estate or a beneficiary may have passed away.
In general, our Estate focus is on drafting documentation, powers of attorney, wills, heath care directives - also probate and administrative orders. If you already have counsel elsewhere, do not contact us for advice or an opinion as it is against the rules for us to comment on your legal matter. We don't handle litigation or disputes regarding Estate matters, or any other contentious matter or police matter re same, including interpretations of documents re validity or otherwise, that we have not drafted. (**Note: We generally do not take on last minute, urgent deathbed Wills).
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