How COVID-19 Has Changed Our Lives
Like a tsunami, COVID-19 has thrown the world into a realm of isolation, panic, fear, and death. This has left Canadians on every level reflecting on how to adjust to their “new norms.” More importantly, what adjustments are needed to ensure that their Estate Planning is up to date.
As a family lawyer in Brampton, ON, we believe that Estate Planning is for everyone, whether you are a newlywed or a senior citizen. It is essential that you plan and develop transition processes and name who you would want to receive your “valuables and wealth” after you die. However, proper Estate Planning is much more than just this. An Estate Plan should also include information such as tax minimization and provide for the family and loves ones with the least disruption to their lives.
As the pandemic ravages the world, we are more informed and aware of how this virus has and will impact our health and our lives going forward. Therefore, let us use this period of isolation to reflect on how you would like to distribute your “valuables and wealth” and plan for your family and loved ones.
Oftentimes, Estate Planning is taken for granted, and our loved ones are left in disarray when we are no longer around. Taking care of yourself also means taking care of your loved ones.
With that in mind, when was the last time you reviewed your Estate Plan? If you have not done it recently, now is a good time to do so. Do you have a new grandchild and want to contribute to their education plan? Is your documentation in place? As a law firm in Brampton, ON, Heckburn Law is here to help. We specialize in Family Law, Real Estate, Wills, Trust, and Estate Planning and serve clients across Tottenham, Alliston, Deton, Ajax, Brampton, Milton, Oakville, Richmond Hill, Toronto, Vaughan, Georgetown, Tottenham, and the surrounding areas.
Give Heckburn Law a call today on (905)861-3709, to put your Estate Plan in motion.