What is probate?

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...

What is a living trust?

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...

What is a power of attorney?

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...

What is a will?

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...