In order to give you peace of mind, our staff work with you to make sure your estate is taken care of. Estate planning allows you to have your wishes followed and protects your beneficiaries and prepares them in the event of your physical or mental incapacity. We understand that each individual's needs are sensitive and unique and take the time to be considerate of your wishes surrounding your estate planning.
1. What is a will?
The purpose of writing a will is to pass on your assets to your loved ones according to your wishes. If you die without a will, it’s often more costly, complicated, and time-consuming to settle your estate.
2. What are the different types of wills?
3. What happens if I don't have a will when I die?
If you die without a will, the Wills and Succession Act sets out how and to whom property is transferred when a person dies. The Estate Administration Act lists the persons who will be given preference to apply for a grant of administration where there is no will. The grant will set out who will be the personal representative.
If you have no immediate family and no will, the rules for distributing your estate can be found in the Parentelic Distribution chart at: https://www.alberta.ca/assets/documents/wills-parentelic-distribution-chart.pdf
4. What is a personal representative?
The term personal representative is either an executor or an administrator of the estate of a deceased individual. Generally, a personal representative of a deceased estate is responsible for the administration of the estate, which includes all duties from locating assets, paying debts and funeral costs, to distributing estate property to beneficiaries.
5. What is a personal directive and enduring power of attorney?
Please note that none of the information on this website should be construed as being legal advice or the law. These pages contain material that is meant only for informational purposes.