A personal directive is a legal document used to name someone to make personal decisions for you if you’re incapable due to illness or injury. In the province of Alberta, personal directives are used instead of living wills to ensure that personal decisions can be made for you if you suffer a serious injury or…Read More Here!
Have you ever thought about creating a power of attorney? A power of attorney is a document in which one person appoints someone else to act on his or her behalf. This individual is known as the “donor” while the appointed person is known as the “attorney”. Many individuals choose to create a power of…Read More Here!
Keeping your will up-to-date is crucial in order for the process of dividing your estate to go smoothly following your death. Things change over the years and so too can your decisions regarding who is to receive benefits from your will. The decision to remove a beneficiary from a will is usually not an easy…Read More Here!
When an individual passes away, they typically leave behind a legal will to ensure their wishes are respected. In order to accomplish this, the deceased person’s custodians (i.e.: lawyer, financial institution, etc.) and/or their will’s executors ensure the document goes through probate. WHAT IS PROBATE/GRANT OF PROBATE? Probate or the granting of probate is the…Read More Here!
Having a valid will is arguably one of the most important things you can do for yourself and your family. A will is your way of making sure that things are handled exactly as you wish after you pass. It protects your spouse, children and assets. Unfortunately, there are many myths about wills floating around,…Read More Here!
Drafting a legal will can seem like a simple inconvenience or a daunting ordeal, but it is absolutely essential if you want to have a say in who inherits your property, sentimental values, and even unpleasant things like your debts. If left undone, there are regulations in place that ensure some very minor protection to…Read More Here!
Estate planning is an unpleasant topic, but anyone who has been through it knows how difficult it is to settle an estate left without a will or other essential directives. Organizing and streamlining your own estate process is one of the most valuable gifts you can leave your beneficiaries. While estate planning is a complex…Read More Here!
Legal matters are already complicated, but it only gets more tricky when you are not able to make your own decisions. There are two legal entities that can typically step in at these times: someone who holds your power of attorney or, should the worst happen, your executor. It always best to seek the advice…Read More Here!
The executor of your estate is able to perform all the legal tasks on your behalf after you pass away. Things like paying bills, filing income tax, terminating credit cards and distributing your assets all fall under the responsibility of your executor. Clearly, this is an important job, and choosing the right person to act…Read More Here!
Planning for a time when you are no longer around can be difficult to do, which is why many people continue to die without a proper plan for their estate in place. More than just writing a will, planning your estate will ensure stress on your loved ones is minimized and that your wishes are…Read More Here!