وکالت نامه و وصیت نامه

Regardless of value of your assets, through your last will and testament (“will”), you will have the right to decide the executor (person(s) or financial institutions) of your estate. More importantly you will decide the guardians of your minor children, the person you want to leave your estate, and perhaps the recipient of gift and finally the residue of your estate.  

This is where we at Vosooghi Law can be extremely important to you. We will guide you through your decision-making process and help you determine the best route to take. LET US HELP YOU HELP YOURSELF in this extremely important step in your life.

Remember, without a Will, not only you leave all this important decision to be made by the government, your death also creates legal burden to your family. Please feel free to contact us.

Here are several reasons why you need a valid Will:

REASON 1:

Having a Will ensures that your assets and possessions will be distributed in a manner that you desire. Therefore, if you do not have a will, the law, i.e., Estates Administration Act and Succession Law Reform Act (SLRA) sets out a distribution scheme that may not be what you desire.

REASON 2:

Having a will ensures that a person you trust will fill the role of guardian to look after your minor children. Therefore, if you do not have a will, the guardian will be appointed by the court, which may indeed not be your desired choice.

REASON 3:

Having a will ensures that the person you trust and is familiar with your affairs will handle your estate. Therefore, if you do not have a will, an executor will be appointed by the court, which again may indeed not be your desired choice.

REASON 4:

Having a will may result in reducing final costs.

REASON 5:

Having a will may result in reducing legal costs and delays in handling your estate.

REASON 6:

When an individual passing without a will and without successor(s), his or her estate are potentially vested in the Government. Having a will, will ensures your choices are given priority.