Last Updated: Mar 28, 2024

Stewart Thomson

Stewart is one of the founding partners of the original predecessor firm of Thomson Mahoney Delorey, which was established in 1981. He was born and raised in London, and is married with 2 lovely children and 2 beautiful granddaughters. Alongside his passion for law, Stewart loves to play golf and hockey when he can find the time, and is also a keen supporter of the London Knights.

Estate Planning

There comes a time in life when planning for the future becomes a priority. At Thomson Mahoney Delorey, we can assist you through our services in estate planning. What exactly is estate planning? Estate planning is the process of anticipating and arranging for the disposal of a person’s estate. This service attempts to eliminate any uncertainties that may arise during the administration of an estate and to maximize the value of the estate by reducing taxes and other expenses. When it comes to estate planning, it is always important to create a plan that best suits your specific needs.

Estate Planning includes various topics, such as wills, trusts, beneficiary designations, powers of appointment, property ownership, gifts, and powers of attorney. Since there is so much involved in estate planning, it is strongly advised that each person creates a will, so as to avoid any confusion, disputes or problems in the future with respect to one’s estate. The experienced lawyers at Thomson Mahoney Delorey are able to help you prepare your will and estate plan, so that your loved ones are cared for through your legacy.

The three main types of legal documents that are prepared in the estate planning process are:

1. Last Will and Testament: gives instructions to the executor of your choice with respect to the distribution of your assets after your death.
2. Power of Attorney for Property: gives the person of your choice the power to manage your property and financial affairs should you ever become physically or mentally incapable of managing them yourself.
3. Power of Attorney for Personal Care: gives the person of your choice the power to implement the medical treatment you wish to receive should you ever become unable to communicate your wishes.

If you live in or around London, Ontario, and are in need of estate planning services, the expert legal team at Thomson Mahoney Delorey can assist you in a timely, efficient and cost-effective manner. We invite you to contact us to discuss your estate planning needs in greater detail. It is never too early to start planning.

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