Wills and Estate Planning
At Goodwin & Mark LLP, we provide a full range of wills and estate services, including probate and estate administration. Whether your family member has passed away without a will or you have been named the executor of an estate, our lawyers can assist you. We understand this may be a difficult time for you and your family, and we are dedicated to providing efficient, worry-free representation to clients who are dealing with the loss of a loved one.
We are familiar with the full range of estate documents and tools that an individual may hold, and we are able to efficiently administer estates, guide families through the probate process and resolve complex disputes over any of the following documents:
- Family trusts
- Inter vivos trusts
- Alter ego trusts
- Powers of Attorney
- Enduring powers of attorney
- Advanced care directives
- Representation agreements
Numerous conflicts can arise during the administration of an estate that can result in litigation, including disputes among beneficiaries and family members over the validity of a will, issues involving capacity and undue influence, and the improper disinheritance of a family member.
Probate and Estate Administration
Our clients benefit from our many years of experience in both the administration and probate of estates, including high-valued estates. When we assist clients with estate administration, we ensure the executor is fulfilling his or her duties in a timely manner and oversee the distribution of the assets to all proper beneficiaries in accordance to the estate holder’s wishes.
If a person dies with a will or without a will (intestate), Goodwin & Mark LLP can advise clients if probate is required, and guide them through the probate process.
Family trusts are powerful tools that may allow an individual to retain control of corporate shares and other assets, while taking advantage of significant tax benefits for children and younger family members who are future beneficiaries. Goodwin & Mark LLP recognizes family trusts as practical, effective estate planning options that can save families a significant amount of money and help them avoid future disputes and estate litigation.
Estate Planning Through a Family Trust
Family trusts are popular options for families largely due to their flexible nature. These unique tools are highly customizable and can be created based on the specific needs of a family. At Goodwin & Mark LLP, we often work with our clients’ accountants to develop family trusts that minimize taxes and set up families for future success.
Families choose family trusts for many reasons and uses, including:
- To reduce taxes through income splitting
- To avoid a will dispute and estate litigation
- To avoiding probate proceedings and fees
- To protect investments for family members who are incapacitated
- To save money for children’s education
- To plan for family business succession, including tax planning
At Goodwin & Mark LLP, we are experienced in drafting and administering family trusts. Our lawyers can assist you from the initial creation of a family trust to the final distribution, termination or winding up of the trust.