Beneficiary designations are a way for testators to make major changes to their estate with minimum effort. Although they’re often forgotten by testators, the beneficiary designations on things like RRSPs, RRIFs, life insurance policies and Tax-Free Savings Accounts, are a critical part of any estate plan. Outside of real estate, these
Anyone with a pet knows that they are much more than property. But as the recent case of Rocco Jr. shows, that’s not how the law views them. According to a Toronto Sun report on the saga, the American bull terrier had been living with the girlfriend of his deceased
Appointing multiple attorneys multiplies your risk of legal trouble. While it is possible for feuding siblings to come together in a family crisis such as a parent’s major health episode, I find that the care issue tends to become just another outlet for historic conflict as brothers and sisters double
A police service in Alberta is doing its bit to raise awareness of thefts by power of attorney. Following a recent spate of elder abuse cases, the Edmonton Police Service aired commercials on local stations as part of an education campaign reminding citizens that exploiting seniors through their POA is
Updating your relationship status? Update your will while you’re at it if you want your estate to stay out of the courts. Common-law spouses can often be left in a tricky position following the death of their partner – especially if they died without a will – since estates law offers
A power of attorney may be the most valuable legal instrument you’ve never heard of, but a New Brunswick family doctor is hoping to change that. Under provincial legislation, attorneys for property are granted authority over the grantor’s property, including their finances and bank accounts. Meanwhile, attorneys for personal care take
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