At some point in our lives, we all think about wills, whether our own or someone else’s.
People are living longer than ever and 100 year birthdays are becoming almost commonplace. That means that baby boomers, who are now starting to move into their retirement years, are often still responsible for one or both elderly parents, as well as children who have not yet become independent. The questions about compensation for the financial obligations of this “sandwich generation” and/or how estate assets should be fairly divided amongst the likely beneficiaries when a parent has passed on, should be addressed while parents are still living and able to make their wishes known.
As a child of aging parents, are you concerned that their wills no longer reflect their current wishes? Are you worried that you have been cut out of a will unfairly or that some other person, whether related or not, has been exerting influence over your parent and your parent may have transferred assets to that person? Do you have a current will that provides for your spouse and dependent children? Are you worried that an independent child may challenge your wishes as set out in your will and how that might affect your estate? Do you want to leave your estate to unrelated individual or to an charitable organization instead of to your family?
These are just some of the questions and concerns that Railtown will and estate lawyers have dealt with for our clients. “Wills and estates” law is a broad and specialized area of practice with many issues that can, and often do, arise.
We are wills and estates lawyers serving clients in Vancouver and the Tri Cities area who can answer your questions, assist you with making a will or updating an old will and, if necessary, seek the assistance of the courts on your behalf.