by kimberly | Oct 11, 2023 | Estate Planning
Being named executor of an estate is a significant responsibility. As executor, you will be responsible for administering the estate, which includes paying debts, distributing assets to beneficiaries, and filing income tax returns. Here are some steps you can take to...
by kimberly | Oct 11, 2023 | Estate Planning
Your executor is the person who will be responsible for carrying out your wishes after you die. This includes arranging your funeral or memorial service, administering your estate, paying your debts, and distributing your assets to your beneficiaries. It is important...
by kimberly | Oct 11, 2023 | Estate Planning
Yes, you can change your will at any time in Canada, if you are of sound mind. There are two ways to change your will: Make a new will. This is the simplest way to change your will. Simply create a new will and sign it in the presence of two witnesses. Add a codicil...
by kimberly | Oct 11, 2023 | Estate Planning
If you die without a will, your assets will be distributed in accordance with the intestacy laws of your province. These laws set out a specific order in which your assets will be distributed to your next of kin. The order of distribution under the intestacy laws...
by kimberly | Oct 11, 2023 | Estate Planning
There are a number of things you can do to protect your assets for your children in Canada. Here are a few tips: Create a will. A will is a legal document that sets out your wishes for how your assets should be distributed after your death. It is important to have a...
