Estate Planning & Wills
Estate planning prepares a person's assets and properties to be distributed after their death. Estate planning can include wills, trusts, and powers of attorney. Wills will include instructions and wishes of a person on how their property and assets will be divided after their death. Wills must be properly witnessed and signed to have legal effect. Trusts can be created for minor children, dependents, or other individuals so money or property is held until a certain time. Powers of Attorney are prepared to ensure a person's wishes are carried out while they are still alive but cannot make decisions for themselves.
Trusts are created to hold property or assets on behalf of someone until a specific time or event. There are different types of trusts depending on who it's for, why it's created and when it is released to a person. Trusts can also become relevant in matrimonial planning and have some overlap with family law matters.
Estate & Trust Litigation
Where the content of a will or trust is at dispute; or where parties who benefit from the will or trust cannot agree on certain matters; or where the will or trust was not created properly the court may have to get involved and resolve the matter through litigation.
Foundations & Philanthropy
Planned giving to charities and foundations can form part of an individual's estate planning. Charities and foundations are also required to meet high standards in the administration and compliance. Estate planning with consideration to charitable giving, philanthropy, or the creation of a foundation can have legal implications which must be carefully observed in order secure the generous intentions of the donor.