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Calgary Wills Questions Answered by a Trusted Calgary Wills

All the questions you have about writing a will, answered by a trusted Calgary Legal Wills lawyer. Dying without a will leaves you very little say in how your assets are handled. There's no better time to start than today. If you don’t have a will, or your will is out of date, Russ Weninger can assist you in preparing a legally sound will that is appropriate for you and will stand up to government scrutiny. Call 403-265-4496 or visit http://www.calgarylegalwills.com/ for more info today!

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Calgary Wills Questions Answered by a Trusted Calgary Wills

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  1. FAQ Questions of the Week

  2. FAQ # 1: I own a company. Can I leave company assets to people through my will?

  3. No. Company assets don’t belong to you, they belong to the company, which is considered a legal “person”. As such, you can’t will them to anyone.

  4. However, if you own the company, you can will shares in the company to your beneficiaries. In many cases, the beneficiaries will chose to wind down the company and disburse the assets amongst them.

  5. FAQ # 2: I am divorced. If I die, I want my child to live with someone from my family. Can I state this in my will?

  6. The answer to this is a complicated ‘maybe’. Children aren’t property. Ultimately, courts retain authority to determine guardianship based on the best interests of the child.

  7. FAQ # 3: I’ve heard that probate is bad and that good estate planning involves avoiding probate. Is this true?

  8. To some degree, that depends on where you live. Probate involves both financial costs and time delays, but it is often difficult to avoid entirely, and in many cases, steps taken to avoid probate have their own costs as well.

  9. Does this FAQ’s helped you with your questions about writing your wills? Visit our website today for more information! www.CalgaryLegalWills.com

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