Personal Estate Planning
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WILLS
You need a will to distribute your estate to people you want to benefit from it. To appoint a guardian for children under the age of 19 years. To reduce the time and money your loved ones will have to spend to settle your estate. If you need to make your first will or it is time to update your current will, our office will help make the process as comfortable as possible so your wishes are legally documented. It is recommended that your will is updated every five years to ensure it meets your wishes. We help families prepare for the “what ifs” of life. At Grant Sauer Notary Public we will listen to your concerns and draft a Will specific to your needs. Estate Planning is like fire insurance, you may not need it, but in case you do, you and your family will be glad you have it.
POWER OF ATTORNEY
A Power of Attorney, appoints a trusted person(s) to make financial and legal decisions. There are three types of Power of Attorneys; General, Specific, and Enduring, each used in different circumstances. Enduring Power of Attorneys do not expire, they are commonly used by seniors to give directly to trusted family members in case something were to happen to their mental or physical health. General Power of Attorneys give much the same Power as Enduring, however they expire after a certain period of time. Specific Power of Attorneys are used to allow someone limited access into their affairs. These are commonly used if someone is not going to be in the country and need someone to take care of their financial affairs within Canada.
REPRESENTATION AGREEMENT
Representation Agreements are primarily used to make decisions regarding your personal health and medical decisions, including providing or withholding consent for specific medical procedures. A Representation Agreement is essential to confirm who is allowed to make medical decisions on your behalf and who is not.
ADVANCED DIRECTIVES
An Advanced Directive is used when you are very clear about what health care you have chosen for end of life issues. They are instructions to your health care providers for advanced consent or refusal of health care decisions. These directives must be followed by anyone caring for your medical needs.
CAPACITY
In order to make legal documents, an adult must be deemed mentally capable. Until the contrary is demonstrated, an adult is presumed capable of making decisions about their financial affairs and understanding the nature and consequences of making, changing or revoking an Enduring Power of Attorney. We ensure that all clients signing documents at our office, are able to understand their legal rights and obligations.