Have you ever wondered if you need a Will? The answer is that absolutely everyone needs a Will, even if all you have is debt. Seeing a lawyer can seem like a complicated, depressing or daunting task to be postponed indefinitely, but in reality it’s a simple process that’s cheaper..
Category: Wills & Estate Planning
Inheritance left to your child could go to their spouse in a divorce
In Saskatchewan an inheritance received by your child during their marriage becomes “family property” that is subject to division between your child and his or her spouse in the event of a divorce. This is true even if it is received after separation but before a court proceeding is started…
Can I make written changes or additions to my Will on my own?
Changes or additions to your Will, whether by written changes on the Will itself or by another separate handwritten note are possible but if not done correctly, those changes can be completely ineffective and can throw your estate and loved ones into costly and bitter lawsuits. It is important that..
Do I really need a document called a Power of Attorney?
Everyone should have a Power of Attorney. At some point in our lives it may be difficult for us to manage either our financial affairs, our personal care decisions or both. This can happen gradually over time or it can be the result of an unexpected illness or accident. When..
Does your family know your wishes?
“I’ll be home for Christmas” Many families gather over the holidays. There may be opportunities to have important conversations. Does your family know what your wishes are when you die? Burial or cremation? Funeral or memorial service, celebration of life, or nothing? Who should be notified of your death? Where..
Everyone should have a will. But do you really need to see a lawyer to get yours done?
Maybe you found a will kit online, or simply wrote your own. It’s free, but buyer beware – you get what you pay for! Our provincial legislation allows for handwritten wills, but with strict requirements. Will kits may not consider your unique circumstances. Without proper advice and drafting, these documents..
How many executors can I name in my will?
It is preferable to name no more than 3. If you name more than one person, then they must work together. If your beneficiaries are 2 – 3 children (for example) and all are named as executors, they will make decisions about your estate together. A single executor may be..
I am the attorney for my mother under a Power of Attorney document
I am the attorney for my mother under a Power of Attorney document. My mother is disagreeing with me. I know she needs to move to a cheaper residence and she won’t take my advice. What can I do? 1. Firstly, mom has not given up any authority to you,..
I did my will over 20 years ago
I have a will, but I did it over 20 years ago. When should I review it? Congratulations on having done a will! Fewer than 50% of people (including lawyers) have a current will. You are correct that your existing will should be reviewed regularly. Some suggest at least every..
I want to do a will. How do I start?
I want to do a will. How do I start? First, decide who should be your executor. A good executor is someone who is methodical and responsible. Naming an alternate executor is prudent. Do speak to your proposed executor to find out if he or she is willing. An executor..