What Types of Powers of Attorney are Used in Canada? It is important to know how a power of attorney or a joint bank account works before you use them. There are risks and advantages to both. You should never feel pressured to sign a power of attorney or to open a joint bank account. 27 Aug

What Types of Powers of Attorney are Used in Canada?

Having the Correct Power of Attorney is Crucial: Understand the Different Types 06 Aug

Having the Correct POA is Crucial: Understand the Different Types

This comprehensive guide explores what a holographic will is, the legal requirements it must meet, potential drawbacks, and why you probably need a more robust estate planning solution. 30 Jul

Comprehensive Guide to Holographic Wills: Frequently Asked Questions

From primary and contingent beneficiary designations to revocable and individual beneficiary designations... Understanding these designations is crucial in ensuring that your assets are distributed according to your wishes. 18 Jul

Understanding the Different Types of Beneficiary Designations

A holographic will is a handwritten and testator-signed document and is an alternative to a will produced by a lawyer. Being of sound mind is a crucial provision in determining the validity of a holographic will. Some states do not recognize holographic wills. 08 Jul

Holographic Will: Definition and State Requirements

What Is an Executor? Duties and Role in Estate Planning | An executor is the individual who carries out one's last will, ensuring that the stipulations and wishes of the deceased are carried out properly. 30 May

What Is an Executor? Duties and Role in Estate Planning

While you may be familiar with common terms such as a will, a trust or an executor, you may not be as certain about others. For quick reference, here’s a glossary of key terms you may come across when planning your estate: 11 Apr

A Glossary of Key Estate Planning Terms

Understanding Probate in Canada: Everything You Need to Know | Probate is a crucial process in the Canadian legal system that ensures the deceased person’s estate is distributed according to their wishes. 21 Jan

Understanding Probate in Canada: Everything You Need to Know

In the complex world of Tax, Wealth and Estate Planning, navigating the myriad of options and making informed decisions is crucial. This is where professionals with specialized designations provide expertise and guidance. 02 Jan

Professional Designations in Financial Services: Roles & Definitions

Demystifying Estate Planning: Key Definitions You Need to Know | It’s easy to feel overwhelmed by legal jargon and complex terminology. Understanding these essential terms can transform the way you approach your legacy and financial future. 05 Sep

Demystifying Estate Planning: Key Definitions You Need to Know

Different Roles & Responsibilities: Trustee vs. Guardian vs. Executor 27 Apr

Different Roles & Responsibilities: Trustee vs. Guardian vs. Executor

A trust is a legal agreement between the person creating the trust, known as the settlor, and a trustee. The trustee is responsible for managing the trust's assets and distributing them according to the settlor's wishes. 14 Feb

Understanding Trusts: Estate Planning in Ontario