When someone dies, we often hear people referring to “getting probate”. An application for a grant of probate refers to the process of formally proving a deceased person’s will is valid. Once granted, an executor is formally authorized to act on behalf of a deceased person’s estate, including distributing the net assets to beneficiaries. Then […]
Read More...You can if they have an Enduring Power of Attorney and a Personal Directive. Both documents work together to allow an appointment of a decision-maker when and if they become mentally incapable. A Personal Directive deals with an individual’s medical decisions, end of life care, and consent for placement in long-term care, among other things. […]
Read More...Alberta legislation requires an executor, also called a personal representative, to manage online accounts and to identify and manage digital assets. When creating an estate plan, care should be given to creating a list of all online accounts (like eBay or PayPal) and virtual property (communications like Gmail or MSN; media like iTunes, Netflix, or […]
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