Estate Planning Archives — Page 3 of 4 — Pritchard & Company Law Firm, LLP.

August 5, 2013

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I’ve been appointed an Attorney and Health Agent- What do I do?

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) […]

July 21, 2012

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Prudent Purchasers Should Examine the Title to Their Property (Continued)

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 […]

June 16, 2012

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Prudent Purchasers Should Examine the Title to Their Property

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 […]

February 18, 2012

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Estate Planning and the Matrimonial Property Act (MPA)

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 […]

January 21, 2012

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Estate Planning

Government Changes Estate Planning Rules

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 […]

March 21, 2011

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Estate Planning

Supported Decision Making in Medicine Hat

A Personal Directive (PD) is an important document that should be part of your estate plan. Your PD appoints your chosen person to make non-financial decisions about personal matters for you if you lose the mental capacity to make these […]

December 9, 2010

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Estate Planning

How Often Should you Review and Update your Will?

The life expectancy of your Will is very important. In Medicine Hat, I have seen and administered Wills that were 30 years old (and older). Lawyers are concerned the Will they are drafting for you might be the only Will […]

March 21, 2010

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Estate Planning

Adult Guardianship and Trusteeship Act

Introduction There are some things worse than death and one of them is how you get there. Losing your mental capacity to make decisions about your health care and financial matters has become a major concern as our population lives […]

February 21, 2010

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Estate Planning

Effective Estate Planning for the Effect of Mobility

This article will focus on what to consider when your beneficiaries, (the parties who you will leave your estate to), and your executor or personal representative (PR), the person who manages the estate process once you die, live outside of […]

January 24, 2010

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Estate Planning

The Impact on Your Estate Plan of Owning Assets Outside Alberta

When you create your estate plan, you generally face 3 decisions: 1) What are your assets you want distributed through your will (your estate assets)? 2) Who do you want to leave your estate to (your beneficiaries)? 3) Who will […]