The Differences Between Trusts and Wills
Estate planning is a vital aspect of financial preparation for the future, yet it is often overlooked until it becomes urgent. Among the many decisions one needs to make when planning an estate, choosing between trusts and wills is a fundamental consideration. …
Common Estate Planning Mistakes
Estate planning is a crucial process that involves arranging for the management and distribution of your assets and affairs after your passing or incapacitation. While it may not be the most comfortable topic to discuss, proper estate planning is essential to ensure …
4 Frequently Asked Questions About Wills
Writing a will is essential in ensuring that your assets are distributed according to your wishes after you pass away; however, many have questions about the process and the legalities surrounding wills. As experts in estates and personal planning, the team at …
3 Reasons to Make a Will
Taking steps to secure your loved ones’ future and preserving your wishes can be a difficult task; however, creating a will can significantly ease this process. A will is a legally binding document that delineates how your assets should be distributed after …
What Makes a Will Valid?
Your will is an important document that outlines how you wish your estate to be distributed once you have passed away. To ensure that your specific instructions are followed and carried out, your will must first be declared valid. If your will …
What Happens if You Pass Away Without a Will?
Approximately 50% of all Canadians do not have a will. Without a will, there are no instructions for the distribution of your estate. This means that your wishes will be left up to interpretation or overlooked in favour of provincial law. If …
Choosing an Executor for Your Estate
When dealing with wills, estates, and the wishes of the deceased, the role of the executor is highly important. An executor is responsible for ensuring that your will is executed according to your wishes and may need to make decisions on your …
What are Beneficiary Designations?
Estate planning can be an emotionally charged, difficult, and complicated process, especially if you have a large family or a complex estate. Whether you are looking to create your first will or update your existing will, it is vital to understand what …
What Can an Executor do?
Estate distribution can be an emotionally charged and difficult time, especially if the deceased has a large family or complex estate. To ensure that their estate is distributed according to their wishes, the testator will name an executor in their will to …
How to Create a Will
If you are considering making a will for your estate, there are many requirements and important elements to consider. From appointing an executor to distributing your estate, all matters must be adequately addressed to ensure that your wishes are followed. As experts …
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