03. Wills/Estates
Our skilled and experienced lawyers will help you secure your future with our wills and estate planning services in Cambridge, ON. Contact us today.
Our 'Wills and Estates' Lawyer
Will Help Plan Your Legacy
Planning for the future is essential for ensuring your family's financial security. However, many individuals delay estate planning. Effective estate planning can save your family stress and confusion and create a road map for how your possessions and assets are distributed. Lennox & Penney is the firm you can trust for effective will drafting and updates as part of your estate plan. Our skilled law professionals are well-versed in wills and estates law, ensuring your wishes are fulfilled exactly to your specifications. Learn more about wills and estates, and then contact our team today to schedule a consultation to get started.
Why Does 'Wills and Estate' Planning Matter?
Do I Need a Will?
Estate planning is for any individual with assets, including savings and property, who wants direct control over how those assets are distributed after they're gone. We can use a will to provide our clients with direct control over allocating their assets to prevent conflicts in probate court. Our skilled and experienced team will work with you to understand your and your family's needs and goals. We can help draft your will and provide comprehensive estate planning services to ensure yours is legally sound and tailored to your situation.
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Your will is a legal document outlining the distribution of your assets after your passing and, just as importantly, who will be executing your will. Without one, the courts will intervene and follow a fundamental plan to re-distribute assets, often ignoring the family's unique needs. Most Canadians don't have a will drafted despite its critical importance for their legacy and family's financial security. You should contact us about drafting a will if any of the following apply to you:
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Dependents – Individuals and couples with children, especially dependents, should have a will. A will allows you to control who becomes your child's primary caregiver and asset distribution based on age and achievement.
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Assets – If you've accumulated assets over the course of your life, including savings, homes, and vehicles, you'll want a hand in deciding how those assets are distributed to family, friends, partners, and even charities.
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Future Planning – Planning for the future helps give you peace of mind today. Life is unpredictable, and having a will in place allows you to alleviate stress and anxiety and ensure your wishes are met if you're not there to voice them.
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Avoid Familial Disputes – If there are potential disputes or complex family dynamics, a clearly outlined will can help mitigate disagreements about your asset distribution and clarify your intentions to prevent misunderstandings.
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