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Yes, you can change your will at any time in Canada. 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 to your existing will. A...

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...

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...

Estate taxes are payable on the fair market value of your assets at the time of your death. The amount of estate taxes payable depends on the value of your estate and the province in which you reside. There are a number of things that you can do to minimize estate...

Probate is the legal process of administering an estate after a person has died. It involves proving the validity of the deceased's will, appointing an executor or administrator, and distributing the deceased's assets to their beneficiaries. What Happens in Probate?...

A living trust, also known as an inter vivos trust, is a legal arrangement that allows you to transfer ownership of your assets to a trustee, who manages them for your benefit while you are alive and distributes them to your beneficiaries after your death. Living...

A power of attorney is a legal document that gives someone else the authority to make decisions on your behalf if you become incapacitated. There are two types of powers of attorney: a general power of attorney and a specific power of attorney. General power of...

A will is a legal document that sets out your instructions for how your assets should be distributed after your death. It is important to note that if you die without a will, your assets will be distributed according to the intestacy laws of your province. This may...

There are a number of different estate planning documents that you may need, depending on your individual circumstances. Some of the most common documents include: Will: A will is a legal document that sets out your instructions for how your assets should be...

Estate planning is the process of making arrangements for the management and distribution of your assets after your death. It is a comprehensive approach that takes into account your financial, legal, and personal needs. Estate planning is important because it can...