PLEASE NOTE: THIS SITE DOES NOT PROVIDE ANY LEGAL ADVICE, BUT ONLY OFFERS GENERAL INFORMATION THAT MAY BE USEFUL.
A Will Is Not Something That I Need To Be Concerned About; All Of My Personal Effects Will Go To My Family Members!
Without a proper Will in place, your assets may not be dispersed to the right beneficiaries. In addition, the guardian appointed to look after your children may be someone you may not even know, or like. Unless your decisions are known beforehand, your wishes may not be properly followed after your death.
What Does A Personal Representative Do?
An executor/personal representative is responsible for ensuring that your directions regarding your Estate are properly followed. The appointment of your executor should be someone whom you unconditionally trust.
Do I need anything else other than a last Will and Testament?
Besides a Will, some people look at completing their entire estate plan. These typically consist of three separate documents: a Last Will and Testament
, a Power of Attorney
, and a Living Will
IS MY WILL STILL LEGAL IF I MOVE OUT OF THE PROVINCE OF ALBERTA?
Other provinces may accept a Will created in Alberta. However, when a person’s circumstances change (ie. a move to a different region, getting married, divorced, having children, etc.) one should always review and update their Will as they see fit.
I KNOW I NEED TO GET MY WILL DONE, BUT I DON’T HAVE THE MONEY RIGHT NOW!
Lawyers may charge hundreds of dollars per hour. However, for straightforward situations, there are many helpful online resources to create a Will. FormalWill.ca
for instance, is one such online resource which can guide you through the process of creating a Will, so you don’t have to worry about assets or beneficiaries being left out of your Will.