Why Writing a Will is the First Thing You Should Do as a New Parent Why All New Parents Should Have a Will Many new parents don’t think about creating their will because they are busy adjusting to life with a baby. However, having a will becomes even more important as soon as you have…
Here are the basics you should know about what happens to your debt after you die. Who is Responsible for Paying off My Debt? Many people are concerned about passing their debt onto their family, but this is generally not what happens. If you die with debt, and there is proof of that debt, then…
What to Include in Your Will When You Have Minor Children Appoint a Guardian When determining who to appoint as a guardian for your children in the tragic event of your death while they are still minors, it is important to pick someone you trust with the physical and emotional wellbeing of your children. Choose…
Writing Wills as a Couple: What You Need to Know Common Law Relationships & Wills Having a will is important for every couple, but this is especially true if you are in a common-law relationship. If you die without a will, you may end up leaving your common-law spouse with no claim to your assets….
Advance Serious Illness Planning: What is it and How Does it Work? What is Advance Care Planning? Advance care planning means putting a plan in place now so that, should you be seriously ill and not in a position to make decisions, your wishes will be honoured. Many people do not have an advance care…
Having Belongings Valued After a Death There is more to managing a loved one’s estate than dealing with bank accounts and property. There are also the smaller items around their home that may be valuable, such as jewelry, antique furniture, and collectibles. It can be hard to know where to start with items like this,…
Estate Planning for Digital Assets We live in the digital age, which means that more and more people have valuable or sentimental property that is stored entirely online or on a laptop. Many people do not think about how digital assets factor into estate planning, but keeping these assets in mind when creating your will…
How to Make Estate Administration Easier Leave a Will The first and most important step to making your estate administration easy is to create a will now, with the help of a lawyer. Leaving a will ensures an accurate picture of your wishes. It is important to have a lawyer assist you with your will…
What is Probate and Why Does it Matter? What is Probate? You’ve probably heard the term “probate” mentioned a lot in the context of wills and estates, but what does it actually mean? Probate is the legal process, after a person dies, of confirming that the deceased’s will is valid and that the finalizing of…
What is Estate Litigation? If, after a person passes away, there are major disputes over how the deceased’s estate should be divided and distributed, a party may pursue litigation to resolve the dispute. This can happen if beneficiaries and/or family members disagree on the legitimacy of the will or the deceased’s wishes. Estate litigation…
