FAQ’s
How do you charge for your services?
- Our initial consultation is free of charge.
- Amethyst Basic Legacy Plans are available starting as low as $495 for individuals or $695 per couple plus travel expenses.
- Annual updates can be arranged at an hourly rate or through our Amethyst Life Legacy Plan which includes secure, digital document storage and an automatic annual fee.
- Professional Executor Services are charged as a percentage of your estate value, with no payment due in advance.
- Professional Power of Attorney Services are charged at an hourly rate, plus travel expenses.
For detailed rates and pricing, please contact us directly. Some conditions apply.
I already did my Will with my lawyer – why do I need an Amethyst Legacy Plan?
While your Will is a crucial component of your estate plan, it primarily addresses the legal distribution of your assets after you pass away. An Amethyst Legacy Plan goes beyond the basics by offering a comprehensive approach to ensure your wishes are carried out effectively and your loved ones are supported.
Along with an Amethyst Legacy Plan, you can also benefit from:
- Professional Executor Services: Expertise in estate administration to reduce stress on your family and ensure efficient handling of your estate.
- Personalized Guidance: Tailored support for managing complex situations, such as business succession or blended family dynamics.
- Ongoing Support: Assistance with lifetime planning, including Powers of Attorney and Personal Advocacy, to protect your interests while you’re alive.
- Continuity and Accountability: Coordinated efforts between your Will, financial plans, and any charitable or legacy goals.
In short, an Amethyst Legacy Plan complements your Will by addressing the “how” and “who” of implementing your wishes, offering peace of mind for you and your loved ones.
Do I have to make a long-term commitment to Amethyst Estate Management Inc?
No, there is no long-term commitment required when you choose AEMI to assist with your Legacy Planning. An Amethyst Legacy Plan can be a one-time process, giving you a comprehensive guide to your legacy goals as they stand today.
When life events bring change, you have the option to update your Plan. Annual updates and revisions are available at hourly rates or can be included as part of our Amethyst Life Legacy Plan.
If you choose to include Professional Executor or Power of Attorney services, we will work with you on a long term basis based on your individual Estate Planning goals. Contact us for more information.
What responsibilities and standards apply to Certified Executor Advisors, Professional Executors or Professional Powers of Attorney?
The roles of Professional Executor and Power of Attorney involve fiduciary responsibilities and those acting in these capacities are subject to legal, ethical and professional standards that intersect with various areas of the law and provincial regulations. All of our Representatives must hold the Certified Executor Advisor (CEA) designation, must pass a Vulnerable Persons Criminal Background Check and must demonstrate financial responsibility by providing a credit report with above average credit score.
Is Amethyst Estate Management Inc a Trust Company?
No, Amethyst Estate Management Inc. is not a trust company. When acting as your Executor, a bank account will be opened in the name of your Estate, and all Estate assets will be managed through this account. When acting as Power of Attorney, Amethyst Estate Management ensures that clients retain ownership, control, and signing authority over their accounts.
Legal
Disclaimer:
The information provided by Amethyst Estate Management Inc. is for general informational purposes only and does not constitute legal, financial, or tax advice. While we strive to ensure the accuracy and completeness of the information presented, it may not reflect the most current legal or financial developments. For advice tailored to your specific circumstances, please consult with a qualified attorney, financial advisor, or tax professional. Amethyst Estate Management Inc. expressly disclaims all liability for actions taken or not taken based on the content provided
In addition, an Amethyst Legacy Plan is NOT a substitute for legal or accounting advice – it is a comprehensive record of your life and designed to assist your loved ones, in walking through the process of estate settlement.
We strongly recommend seeking advice from qualified legal, financial, or tax professionals before making any decisions related to estate planning, will execution, or any related matters. Our process relies heavily upon our clients providing us with accurate information and having a Last Will and Testament, Power of Attorney and Enduring Health Directive prepared by your legal representative.