A contingent beneficiary is a backup beneficiary who inherits assets if the primary beneficiary is unable to, for example, if they predecease you or are unable to accept the inheritance. You likely need a contingent beneficiary to ensure your assets are distributed as intended, even if your primary beneficiary can't receive them.  19 Mar

What is a Contingent (or Secondary) Beneficiary?

An advance directive is a broad term for legal documents outlining your wishes for medical care if you become unable to make decisions, while a living will is a specific type of advance directive that focuses on end-of-life medical treatment.  19 Mar

What is the Difference Between an Advance Directive & a Living Will?

Cost of Care Calculator & Long-Term Care Options: By State 18 Mar

Cost of Care Calculator & Long-Term Care Options: By State

Estate planning and long-term care planning should go hand in hand. A well-prepared plan ensures that assets are managed properly, healthcare preferences are honored, and family members are not left struggling to make last-minute financial decisions. 15 Mar

Estate and Long-term Care Planning Should Go Hand in Hand

While contemplating the possibility of incapacity can be uncomfortable, preparing for it with Powers of Attorney and Living Wills is a crucial aspect of responsible planning. By taking these steps, you can ensure your wishes are respected during challenging times. 11 Mar

Planning for Incapacity: Powers of Attorney & Living Wills

Can You Decline or Step Down as Power of Attorney in Canada? 10 Mar

Can You Decline or Step Down as Power of Attorney in Canada?

Unexpected events like accidents or sudden health changes can happen to anyone, regardless of age or health status. Get answers to frequently asked questions in "Advance Care Planning FAQs" by ACP Canada... 03 Mar

Advance Care Planning (ACP) Canada: Frequently Asked Questions

Validity Requirements for Last Wills and Testaments in Ontario 27 Feb

Validity Requirements for Last Wills & Testaments in Ontario

Elderly guardianships are complex and have consequences. If you’re considering legal guardianship for a parent or loved one, seeking professional legal advice is critically important. 26 Feb

Legal Guardianship of an Aging Parent: What You Need to Know

Holding Assets & Accounts Jointly with Your Kids: Know the Risks 24 Feb

Holding Assets & Accounts Jointly with Your Kids: Know the Risks

Almost half of all Canadians lack estate plans, leaving financial and medical decisions uncertain: Scotiatrust survey reveals gaps in wills and power of attorney documents, leaving key decisions unmade... 07 Feb

Scotiatrust Estate Planning Survey Finds Canadians Unprepared

When you’re no longer capable of making decisions about your health or personal care, someone must make them for you. A Power of Attorney for Personal Care is a legal document that lets someone make these decisions on your behalf. 01 Feb

How to Make a Power of Attorney for Personal Care: Ontario