Jamie Rapos is an experienced and trusted estate planning lawyer who treats every estate planning circumstance with compassion and care. With the Canadian age demographic trends shifting, Baby Boomers are transitioning their wealth to their children and so, it has become more important to have an experienced estate planning lawyer to have as a guide and counsel to deal with estates of loved ones.
An experienced estate planning lawyer can help avoid the unfortunate circumstances of family disputes over wealth of a loved one. The goal is to avoid a Court-hearing to settle disagreements about their loved one’s estates because this is where personal and familial relationships are at risk.
Respected and Trusted Estate Planning Lawyer
At Rapos Law, we can prevent the awkwardness and discomfort of straining personal relationships and mentally exhausting Court hearings. With our experience and our delicate approach in preparing Estate Plans, our team at Rapos Law commits to ensuring a proper, peaceful and respectful outcome.
It is overwhelming to start thinking about estate planning because there are many aspects to estate planning. Our estate planning services begin with the following two components:
1. The Preparation of a Will
After a detailed review of all your assets, including RRSP’s, GIC’s, insurance policies and property ownership we will being to draft a Will.
After the initial review of assets, we finalize the Will by properly examining your personal wishes, including who you want to act as your Executor/ Estate Trustee when you pass away, and who you want to be the beneficiary of your estate.
Appointing the Executor / Estate Trustee may seem simple at first, but it may involve complex analysis after answering some difficult personal questions. For example, appointing your adult children as Estate Trustee may be easy, but what do you do if you have children who are younger than 18? Who should be the guardian of your children? Can your child who lives and works out of province be an Executor/Estate Trustee? At Rapos Law, we will be your objective perspective and act on your behalf to ensure your personal wishes are respected.
2. The Preparation of a Power of Attorney
The preparation of a Power of Attorney is one of the most important documents to have, yet it is often overlooked. In Ontario, you can appoint a Power of Attorney for Property decision making in the case that you are unavailable or lose the capacity to make decisions for yourself. In addition, you can appoint a Power of Attorney for Health Care Decision making if you become incapacitated and need someone to speak on your behalf to Health Care professionals.
Once completed, a carefully prepared estate plan will let you rest assured that you have properly dealt with your assets and care in the case of an emergency for yourself or a loved one.