Estate Planning
January 21, 2012
Previous columns have stressed the importance of reviewing your Will regularly to ensure it is up to date. The passage of time, changes in your circumstances, and changes in the circumstances of persons named in your Will, are good reasons […]
February 18, 2012
This column continues last month’s review of the new Alberta Wills and Succession Act (WSA) and its effect on estate planning in Medicine Hat. A person can distribute their property in their Will as they wish. If, however, the property […]
June 16, 2012
The Standard Residential Real Estate Purchase Contract was developed by the Alberta Real Estate Association and is used by most, if not all, licensed realtors to evidence the agreement between the seller and buyer. The contract identifies the three Ps […]
July 21, 2012
In our last article, we examined financial encumbrances or obligations that might appear on your title. What about non-financial obligations? Here are some common examples. An easement confers upon the owner of land the right to use the land by […]
August 5, 2013
Previous articles in this column have looked at the importance of having an Enduring Power of Attorney (EPA) and Personal Directive (PD) as part of an estate plan. These documents appoint a person to look after the financial affairs (Attorney) […]
September 29, 2013
You can’t talk about business in Canada without talking about family businesses. The University of Alberta’s Family Business Institute notes family businesses generate about 60% of Canada’s GDP and create 20% of all new jobs in Canada. Clearly, family businesses […]
January 13, 2014
The EPA or Enduring Power Attorney is an integral part of your estate plan. The EPA is a document that allows you, as the maker, to appoint someone (called the Attorney) to manage your financial matters when you have lost […]
May 17, 2014
Personal Directive I have written about the importance of a Personal Directive (PD) forming part of your estate plan in previous columns. A PD allows you to: Choose a person to act as your Health Care Agent (Agent); Give instructions […]
November 12, 2014
It isn’t much fun to sit down and make your estate plan because it means you have to think about your own death and the possibility you might become mentally incapacitated before you die. Over the years, I have heard […]
February 19, 2015
As our population ages and passes away, concerns about the validity of Wills are becoming more frequent in Medicine Hat and surrounding areas. The financial costs involved to challenge a Will and for the estate to defend the Will, can […]