REAL ESTATE TRANSACTIONS
WILLS AND POWERS OF ATTORNEY
We strongly recommend that all adults who have assets make a WIll and a Power of Attorney. With a Will you will have control over who gets your assets, at what age the assets will be transferred to minors, who will be the guardian of minor children, you may set up a trust fund or a life interest to provide for people you are concerned about, etc. Without a Will, while there is a common misconception that everything goes to the Government, your assets may end up in the hands of people you would prefer not to benefit, minor children may receive their inheritance as young as 18 years, the guardians of your children may not be the people you would chose, you may not be providing continued financial assistance for people you care about, etc. While a Power of Attorney can be useful in many circumstances one of the most common uses is to allow you to name someone to manage your financial affairs in the event you are mentally or physically incapacitated through illness, disease or accident.
ESTATES When a person dies either with or without a will and owns assets then the assistance of a lawyer is very often required. Our office is experienced in assisting Estate Trustees (Executors) in dealing with the appropriate estate court offices, government offices and financial institutions so as to ensure that assets are transferred to beneficiaries.
INCORPORATIONS If a person wishes to Incorporate a company, we can assist in the preparation and filing of the documentation including the Articles of Incorporation, the Corporate Minute Book, and Initial Notice. Prior to incorporating l' would strongly recommend that a person should speak with his or her accountant so that the accountant may advise us of any specific requirements that may be required for accounting purposes when the corporation is started.
The assistance of a lawyer is required by both purchasers and sellers of a business. As opposed to residential real estate transaction where the "deal" is usually made before we receive a copy of the Agreement in business transactions, we prefer to be involved in the negotiation and Offer preparation process. Accordingly, if you are buying or selling a businessl would urge you to communicate with us before the Offer is made by you as purchaser or accepted by you as Vendor. We have years of experience in assisting purchasers and sellers in their purchase or sale of small businesses.