by designonetest | Oct 20, 2023 | Estate Planning - CA
Your executor is the person who will be responsible for carrying out your wishes after you die. This includes administering your estate, paying your debts, and distributing your assets to your beneficiaries. It is important to choose someone who is trustworthy,...
by designonetest | Oct 20, 2023 | Estate Planning - CA
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...
by designonetest | Oct 20, 2023 | Estate Planning - CA
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...
by designonetest | Oct 20, 2023 | Estate Planning - CA
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...
by designonetest | Oct 20, 2023 | Estate Planning - CA
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...
by designonetest | Oct 20, 2023 | Estate Planning - CA
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...
