Wills and Powers of Attorney Lawyers in New Brunswick
Planning for the future is an essential part of ensuring that your wishes are respected and your loved ones are protected. At Moss Hachey Law, our experienced estate planning lawyers understand the importance of having a well-crafted will and power of attorney in place. We’re here to provide the guidance and support you need to make informed decisions about your estate and future care.
Our dedicated team will work closely with you to understand your unique situation, goals, and concerns. We’ll help you navigate the process of creating a will and power of attorney that reflects your wishes and provides peace of mind for you and your family. With our expertise in estate planning throughout New Brunswick, you can trust us to be your reliable legal partners, allowing you to focus on enjoying life knowing that your future is secure.
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Steps to Create a Will and Power of Attorney in New Brunswick
1.
Assess Your Assets and Debts
Begin by making a list of all your assets, including property, investments, bank accounts, and personal possessions. Also, list any outstanding debts or liabilities. This will help you determine how you want to distribute your assets and ensure that your debts are settled.
2.
Consider Your Beneficiaries
Decide who you want to inherit your assets and in what proportions. Consider any specific gifts you want to make to individuals or charities. If you have minor children, you’ll also need to appoint a guardian to care for them in the event of your death.
3.
Choose an Executor
A well-crafted estate plan helps protect your legacy and ensures that your assets are distributed according to your wishes. We’ll work diligently to safeguard your interests and provide peace of mind for you and your loved ones.
4.
Determine Power of Attorney
A power of attorney allows you to appoint someone to make financial and legal decisions on your behalf if you become incapacitated. Consider who you trust to manage your affairs and make decisions in your best interest.
5.
Consult with an Estate Planning Lawyer
Working with an experienced estate planning lawyer in New Brunswick can help ensure that your will and power of attorney are legally valid and comprehensive. At Moss Hachey Law, our knowledgeable lawyers will guide you through the process, answer your questions, and draft documents that protect your wishes and your loved ones.
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Call 506-449-7544 to speak with an experienced wills and powers of attorney lawyer.
Why Work With a New Brunswick Wills and Powers of Attorney Lawyer?
Tailored Estate Planning Solutions
We understand that every client’s situation is unique. Our lawyers take the time to listen to your needs, concerns, and goals, and develop a personalized estate plan that reflects your wishes.
Comprehensive Legal Guidance
Estate planning involves navigating complex legal requirements. Our experienced lawyers will provide clear, comprehensive guidance to ensure that your will and power of attorney are legally sound and enforceable.
Protecting Your Legacy
A well-crafted estate plan helps protect your legacy and ensures that your assets are distributed according to your wishes. We’ll work diligently to safeguard your interests and provide peace of mind for you and your loved ones.
Ongoing Support and Updates
Life changes, and so should your estate plan. We offer ongoing support to help you review and update your will and power of attorney as your circumstances evolve, ensuring that your plan always reflects your current wishes.
Compassionate and Client-Focused Approach
We understand that discussing end-of-life matters can be emotional. Our lawyers provide a compassionate, supportive environment where you can feel comfortable sharing your concerns and making important decisions about your future.
Client Testimonial
Great friendly service. Had to find a lawyer to help me with Probating both of my parents' Wills and Erika Hachey was super helpful to answer all my questions!
L.C.
Common Questions About Wills and Powers of Attorney in New Brunswick
What is the difference between a will and a power of attorney?
A will is a legal document that outlines how you want your assets to be distributed after your death and appoints an executor to manage your estate. A power of attorney, on the other hand, is a document that grants someone the authority to make financial and legal decisions on your behalf if you become incapacitated. While both are important estate planning tools, they serve different purposes and take effect at different times.
Do I need a lawyer to create a will or power of attorney in New Brunswick?
While it’s not legally required to have a lawyer draft your will or power of attorney in New Brunswick, working with an experienced estate planning lawyer can provide numerous benefits. A lawyer can ensure that your documents are legally valid, comprehensive, and tailored to your specific needs and wishes. They can also provide valuable guidance, answer your questions, and help you navigate complex legal requirements, giving you peace of mind knowing that your estate plan is in good hands.
What happens if I die without a will in New Brunswick?
If you die without a valid will in New Brunswick, your estate will be distributed according to the province’s intestacy laws. These laws dictate how your assets will be divided among your surviving family members based on a predetermined formula. This may not align with your wishes and can lead to unintended consequences or disputes among your loved ones. Creating a will ensures that your assets are distributed according to your desires and can help prevent potential conflicts.
How often should I update my will and power of attorney?
It’s generally recommended to review and update your will and power of attorney every 3-5 years, or whenever you experience a significant life event, such as marriage, divorce, the birth of a child, or a substantial change in your financial situation. Regularly updating your estate plan ensures that it reflects your current wishes and accounts for any changes in your life circumstances. Your estate planning lawyer can help you determine when it’s appropriate to review and update your documents.
Can I change or revoke my will or power of attorney?
Yes, as long as you have the mental capacity to do so, you can change or revoke your will or power of attorney at any time. To change your will, you can create a new will that supersedes the previous one or add an amendment (called a codicil) to your existing will. To revoke a will, you can destroy the document or create a new will that explicitly revokes the previous one. For a power of attorney, you can revoke the document by providing written notice to your attorney-in-fact and any relevant financial institutions. It’s essential to work with your estate planning lawyer to ensure that any changes or revocations are legally valid and properly executed.
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