Reasons why it is imperative that you have your estate documents drafted. Saving Thousands By Having Your Will Drafted Properly People generally do not like thinking about death. In particular, people do not like to think about their own. Planning for death is not far off. Yet, there can be negative consequences [...]
Need help with your finances? Why Everyone Needs A Power of Attorney Power of attorneys (POAs) are legal documents where you appoint a representative to act as your attorney (agent). There are many reasons you need a power of attorney. Most people are familiar with what is called an enduring power of attorney [...]
Best reason to get a will: Family! People Avoid Thinking About Death But Not Having A Will Can Be Costly It’s staggering how many Albertans do not have a Will or any plan for the future. Typically, people know that making a Will is important. Yet this crucial estate planning item is [...]
BEWARE: Risks of Joint Tenants to Avoid Probate Adding a Name to Land Title or Bank Accounts: Joint Tenants for Avoiding Probate Bank accounts and land can be both be owned as joint tenants or as tenants in common in Alberta. Joint tenants own the land equally. In Alberta, this means there is [...]
Every responsible adult should have a Will. While I suspect most would agree with this statement, this same majority is likely to not take the simple steps required to ensure their testamentary wishes are solidified in a legally binding document. Surveys estimate that between 55% and 70% of Canadians do not have a Will. And [...]