Is a “living will” the same thing as a “Power of Attorney”?
No. A Power of Attorney is a legal document in which you name a specific person to act on your behalf. You can, however, write your treatment [...]
Can a Power of Attorney for Property Change a Beneficiary Designation?
written by Jessica J. Butler, Law Clerk at Fasken LLP. Powers of attorney can be an area of confusion for those clients looking to create or update [...]
What to look for in wills that deal with property in different jurisdictions
Written by: LEAH GOLOB SPECIAL TO THE GLOBE AND MAIL Estate planning can be complicated. Estate planning when people have property in different jurisdictions can be a whole new challenge altogether. For financial advisors, knowing [...]
New Canadian laws for 2023 and how they’ll affect you
Written By: SAMANTHA EDWARDS AND MATHILDE AUGUSTIN For the Globe and Mail A new year brings new rules. As of Jan. 1 and throughout the year, a slew of new laws will come into effect, including changes [...]
Duties of an executor
Some of your routine responsibilities as an Executor are: Arranging for will to be probated; Advertising for and/or notifying creditors and claimants/beneficiaries; Collecting and securing the assets of the estate; Protecting the assets of the [...]
How To Deal With Digital Assets In Estate Planning
Written By: Suzana Popovic-Montag, Contributor And Ian M. Hull, Contributor Due to recent technological advancements, one's digital presence has become an important part of every day life. As a result, it is increasingly important to [...]
Is it beneficial to have a will in each jurisdiction that you hold assets?
Yes, it is beneficial to have a will in each jurisdiction that you hold assets in. This is because different jurisdictions have different laws and regulations in regards to how assets are distributed in the [...]
Ten Things That Happen if You Die Without a Will
1.Your estate distribution will be in accordance with the law. If you are legally married to your spouse they are entitled to receive the first $200,000.00 and a portion thereafter depending on how many children you [...]