Wills, Trusts and Estates
What happens if I die without a will? How does a Power of Attorney work? What is a Healthcare Directive? Our lawyers can answers these questions for you.
Gall Law Office is one of Saskatoon’s Three Best Rated law offices in the area of Estate Planning. Questions may arise when it comes time to begin your estate planning. Our lawyers have extensive experience to assist you in creating your succession plan by collaboration with you to meet your needs and wishes.
We also have extensive experience in probating and administering estates. We work directly with the Executor or Executrix of the estate to guide and assist them throughout the estate administration process.
WILLS, POWER OF ATTORNEY & HEALTH CARE DIRECTIVES
Is a health care power of attorney the same as a living will? We can answer these questions at Gall Law Office and get you prepared for any unforeseen events in the future that may make you unable to communicate your intentions. Whether it be regarding your finances, dependants if you have any, or health care, we can help.
Estate planning is the preparation of tasks that serve to manage an individual’s asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes. Most estate plans are set up with the help of an attorney experienced in estate law.
A trust can be used to manage estate taxes, shelter assets from creditors and pass on wealth to future generations. A family trust is a specific type of trust that families can use to create a financial legacy for years to come. There are several benefits to creating one, including ensuring your family members receive your wealth. You can also have stipulations on when a family member can receive the monies. Not all families need a trust but we are pleased to advise you if a family trust is right for you.
EXECUTION OR ADMINISTRATION OF ESTATES
In general, the responsibilities of an estate administrator are to collect all the deceased’s assets, pay creditors and distribute the remaining assets to heirs or other beneficiaries. Utilize our expertise in this area to make the transition as smooth as possible for all parties concerned.