Family Lawyers Advising on Estate Planning

Proactive estate planning, including preparing a will and a power of attorney is critical step in effectively managing and distributing your wealth and in ensuring that your spouse, children, and other loved ones are taken care of if something were to happen to you.

Estate planning can be daunting and challenging, not least of all because it requires making delicate and difficult decisions and facing issues you may not want to face (such as your mortality). It requires guidance and advice from a lawyer with significant experience advising clients on such matters.

At Gelman & Associates, we have been aiding clients in protecting their wealth, minimizing their financial risk, and providing for their families for many years. We help clients tackle their immediate and long-term objectives and ensure their money goes where they want it to go. With our guidance you can guarantee your legacy remains intact.

What is Estate Planning?

At it’s most basic, estate planning is a means of eliminating potential uncertainties and proactively addressing challenging decisions that family members and other loved ones will have to make if you become ill, incapacitated, or die.

Estate planning allows you to anticipate potential issues and address them, and to arrange for the management and eventual disposal of your estate (i.e. your home, other real estate, possessions, assets, and finances) upon your death while also minimizing taxes.

Important Issues to Consider

Important issues, questions, and concerns that often arise during the estate planning process include:

  • How do I guarantee that my children will be taken care of?
  • What are the potential implications of a separation or divorce on my assets?
  • How do I protect my children’s inheritance if they separate from or divorce their partner or spouse?
  • Should I leave my estate to my beneficiaries outright or through a trust?
  • How do I most effectively deal with a cottage or vacation home?
  • How do I best protect any of my assets (including property) outside of Canada?
  • How can I protect my business?
  • Should I leave my estate to a charity or other philanthropic cause?
  • How do I minimize probate fees?

At Gelman & Associates, our highly experienced family lawyers provide clients with clear and pragmatic answers to these and other questions. We draw on our many years of both family and estate law experience to provide thorough, multi-disciplinary legal advice that covers all potential outcomes.

Contact Our Estate Planning Lawyers at one of Our Six Offices throughout North York, Downtown Toronto, Mississauga, Scarborough, Aurora and Barrie

Contact Gelman & Associates today to learn how our lawyers can help you to plan for the future. With six offices conveniently located throughout North York, downtown Toronto, Mississauga, Scarborough, Aurora and Barrie, we are easily accessible by transit and off-highway. Call us at (416) 736-0200 or 1-844-736-0200 or contact us online for a confidential initial consultation.

From the Blog

Latest posts from the Gelman & Associates blog

22

Interim Spousal Support and Child Support

An Ontario court recently considered a case where the mother sought interim child support and spousal support from the father. In granting the mother’s motion, the court outlined the factors that it must take into account when making an interim order for support.   What Happened? The parties were married in January 2005 and separated …


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14

Ongoing Battle Over Whether Indigenous Law Should Apply over Ontario Family Law in Support Dispute Continues

We previously blogged about a contentious child support and spousal support dispute, in which an Indigenous father argued that band law should apply in lieu of Ontario family law where disputes involved Indigenous families. The original trial judge disagreed with the father’s position, and the father appealed further. The appeal is scheduled to be heard …


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09

Variation of Support in The Face of a Separation Agreement

An Ontario court recently considered a spouse’s request to reduce the child support and spousal support obligations that had been set out in the parties’ separation agreement. What Happened? The parties began living together in June 1983, married in December 1985, separated in August 2009 and divorced in January 2012. The parties had three children …


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