Wills & Trusts
A well drafted, up-to-date will is one of the best legacies you can leave your family. Clear instructions ensure that your beneficiaries will receive the gifts and care you intended, and will greatly reduce the potential for litigation.
- Succession planning
- Wills and estate planning
- Trust agreements
- Estate litigation
Early preparation is key to good succession planning for individuals, family trust and family businesses, to ensure long-term success and intended results.
Wills and Estate Planning
Even before you begin to accumulate significant assets, a will is important for the comfort to your family. The appointment of a guardian and trustee for minor children is paramount. For those with children who do not always agree – the presence of a good third party executor can ease communication difficulties and build support for needed decisions among your beneficiaries.
A Trust Agreement may help with Income Tax issues, ease the process of obtaining the Letters Probate, lower or eliminate probate fees and avoid family disputes. Munro & Crawford provides expert advice on the relative merits of different types of Trusts such as: Inter Vivos Trust, Alter Ego Trust, Testamentary Trust, and Family Trust agreements.