Drafting a Will - Do's and Don'ts
Writing a will is an essential step to planning the future of your assets, as well as ensuring your family and loved ones will always be taken care of. Wills allow you to maintain control of what happens to your life’s earnings. This could mean assets with monetary value, such as real estate, bank accounts, and businesses, but it could also mean things of sentimental value, such as family heirlooms and pets. Wills allow you the agency to appoint who you believe is the best fit to take care of your belongings after you pass. This gives clarity and ease of administration to your loved ones. When you make a will, you ensure that you decide what happens to your assets, as opposed to the government. It gives you the peace of mind of maximizing the number of belongings you have going to beneficiaries. When writing a will, one must take concise action and take numerous things into consideration. As such, we at FH&P have compiled a list of a few Do’s and Don’ts to help with the process:
Estate Grants: Grant of Probate
Probate is a process through which the court validates the authenticity of a will. Once the process is complete, the court issues a Grant of Probate. A Grant of Probate allows institutions to verify they are dealing with the right executor and the will presented is the correct will. Not all wills need to be probated
FH&P is the proud title sponsor for the Special Olympics program in Kelowna Fundraising Golf Classic for the 8th consecutive year
FH&P Lawyers is proud to continue our support of the Special Olympics program in Kelowna, as the title sponsor of the Fundraising Golf Classic for the 8th consecutive year.