What to consider for preparing your Will

The preparation of your Last Will signifies an important step in the management of your family’s financial and legal affairs.

A valid, carefully planned Will protects your assets and limits potential probate fees payable by your Estate. Most importantly, it gives you peace of mind knowing that those you care about are taken care of.

Important, initial decisions must be made in preparation of having your Will drafted:

• Who will act as the Executor and Alternate Executor of your Estate?
• How do you wish the assets of your Estate to be distributed or divided?
• If you have children, who will be named as their guardian(s)?
• If minors may become beneficiaries of your Estate, at what age(s) do you wish them to receive their beneficial entitlement?
• Are there any important heirlooms or items you wish to make special provisions for?
• Do you have any assets that will require specific planning or management?

It is essential to give thought to these issues in order that your Will can be completed according to your wishes.

Need more information or have a question? Contact us at (403) 228-1515 and we would be happy to assist you.