A will is the only way you can leave instructions regarding the distribution of your earthly belongings when you’re gone. Whether your final wishes are respected depends on whether you have a will, what it says, and whether it is worded correctly. A will is a legal document that governs your estate – all of […]
What is an Executor and How Do I Appointment One?
Developing your will can be complicated. Depending on the complexity of your estate, you may spend a lot of time and effort creating a plan for administering your estate according to your wishes and in the best interest of your loved ones. But who will make sure your wishes are followed through after you pass […]
Named as Executor in a Will? Why You May Need a Grant of Probate!
An executor of a deceased person’s estate is responsible to settle the deceased’s affairs and distribute the deceased’s assets in accordance with their will. However, before the executor can distribute the deceased’s property, they may be required to obtain a grant of probate from the Court of Queen’s Bench of Alberta. Obtaining a grant of […]
Why you need a Personal Directive (a.k.a. “Living Will”)
A Personal Directive, commonly known as a Living Will, is a document which allows a person (the “Maker”) to designate another person (the “Agent”) to make decisions regarding non-financial personal matters, such as medical treatment, residence and social activities if the Maker becomes mentally incapable of making these decisions on their own. The Personal Directive […]
What is an Enduring Power of Attorney?
A Power of Attorney is a document which allows a person (the “Donor”) to designate another person (the “Attorney”) to manage the Donor’s financial and legal affairs. An Enduring Power of Attorney (“EPA”) is a Power of Attorney that is intended to continue to be valid if the Donor becomes mentally incapable of making their […]