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

21

Father’s Attempt To Alter Access While On Bail Is Not Considered Urgent

As we’ve discussed in a number of blogs over the past ten weeks, COVID-19 has had a tremendous impact on the legal system, with all but the most urgent matters being put on hold for the time being. That said, urgent matters do arise, and Gelman & Associates’ very own Irina Davis recently appeared remotely …


Read More
14

Father Attempts To Unilaterally Restrict Access

The idea of a blended family, where two divorced or separated parents become partners, may have been a foreign concept many years ago, but is commonplace now. Parents in blended families may still share access to their children with their former partners, something that may not ordinally be an issue, but like many things, becomes …


Read More
06

Complying With COVID-19 Protocols

An Ontario court recently considered the interesting question of what should happen when one parent fails to follow recent COVID-19 protocols. In this case, the mother brought a motion to suspend the father’s access to their child until he provided evidence that he was complying with public safety directives. The Background The parties had one …


Read More

Contact

Questions? Send us an email

Contact Form - Home
Sending