- Suite 760, 2710 – 17 Avenue SE, Calgary, Alberta, Canada. T2A 0P6
Wills & Power of Attorney Lawyer
Wills & Power of Attorney: Protection of legal calendars is our smallest necessity, and we are privileged to serve it with E&T Legal.
One thing which has to be discussed is whether to make a future plan or not one has to make a will and another important thing to have a power of attorney. They do guarantee that your bequests are honored and your estates are distributed as you would want them to be. Our estate and will lawyers and power of attorney lawyers at E&T Legal are on hand to help you, with the legal information you require to give you confidence.
Understanding Wills
A will refers to a legal document which describes how one’s properties and estates will be disposed of when one dies. This means you are able to name the individuals who are to benefit from your estate, nominate an executor who is to oversee the distribution of your property and make provisions for requested bequests. A well written will can help avoid conflict between the beneficiaries and can help to ensure that one’s estate is disposed off as one wanted.
Power of Attorney, as has been discussed earlier, holds a lot of significance in day-to-day dealings and transactions. This is a legal instrument which gives one person the ability to act for another entity or person in the event of lack of capacity to act for themselves. There are different types of POAs: There are different types of POAs:
General Power of Attorney: Authorizes the appointed person with a lot of authority.
Special Power of Attorney: Reduces the extent of authority given to the agent in order to do certain tasks.
Durable Power of Attorney: Just in case you find yourself disabled or you cannot work through a physical condition.
Medical Power of Attorney: Permits someone other than yourself to decide about your health care.
Power of attorney makes it possible for your estates as well as other legal and medical decisions to be handled by a person of your trust in cases where you cannot do so.
Part II: Why You Need a Will and Power of Attorney
Control Over Your Estate: A will helps you to determine how your property is going to be divided while a power of attorney lets you choose a person to handle your affairs.
Preventing Family Disputes: Specificity in writing of a will and power of attorney helps to avoid disputation among the family at the time of grief.
Avoiding Intestacy: If you die without any will and an executor nominated, your estate is likely to be shared pursuant to the relevant laws that may not favo
Managing Healthcare Decisions: A medical POA also makes certain that whenever you are in a position to make the decisions; a trusted person is the one who takes the decisions on your behalf.
Time Frames for Filing Employment-Related Lawsuits
Our wills and estate lawyers and power of attorney lawyers from E&T Legal are ready to help you draw up accurate and legal documents. We offer:
Will Drafting and Review: Our will lawyers will be able to sit and discuss with you and help you to develop a well and more detailed will.
Power of Attorney Services: We assist you to apply for a POA, thus making sure that it suits your needs and requirements.
Estate Planning: The wills and estate lawyers that we have in our team are skilled in estate planning, ensuring that your assets are in order, and you’re not exposed to high taxes.
Legal Advice: You will get information on the various kinds of powers of attorney and advice on which one is most suitable in your case.
The proposal to draw out a will and to appoint a power of attorney is crucial to secure the future and the fulfillment of your last will and desire”. Legal papers are among the building blocks in any business and E&T Legal is here to and support you in generating these papers.
Get in touch with E&T Legal right now and book a session with our highly qualified will solicitors and power of attorney solicitors for your and your loved ones’ protection.
Frequently Asked Questions
What would happen for me when I am not able to write a will?
Having no will means that in the event of your death your assets will be distributed according to the existing state’s laws of inheritance and not as you would have wanted it. Making a will is a good way of making sure that your wealth is passed on to the wanted persons or groups.
Although there may be scenarios where one wants to alter a will or power of attorney Is it possible to do so?
Of course, it is possible to alter a will or power of attorney at any given time providing that the person in question is of sound mind. Everyone should periodically update these documents to reflect his or her wishes regarding the future.
Does one require a lawyer to draw up a will or power of attorney?
It is relatively easy to produce such documents on one’s own but hiring a lawyer helps in drafting the document that will then be legally binding and properly executed without much room for controversy.
What makes a power of attorney general and what makes it durable?
A general power of attorney grants a wide-ranging authority to the appointed individual but ceases to exist if you get incapacitated. A durable power of attorney also remains valid and effective in the case of an individual is incompetent to make decisions for himself.
Can I give appointments to more than one person for power of attorney?
Of course, you are entitled to name several individuals who would be your power of attorney either collectively or severally. Nevertheless, some common misunderstandings could occur between the assigned positions; therefore, the roles and duties of such employees should be described as clearly as possible.
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- Suite 760, 2710 – 17 Avenue SE, Calgary, Alberta, Canada. T2A 0P6
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