Estate Planning Canadian FAQs

• Estate Planning
  What is estate planning? Estate planning is a process to consider alternatives for, to think through, and to set up legally effective arrangements that would meet … More
• Wills
  What is a Will? A Will is a written instrument containing directions for how the property of the person making the Will (called the testator) shall be divided on his … More
• Advanced Directives
  What is a Living Will and how is it different from a Will? A Living Will, which, depending on the province may also be known as an Advanced Health Directive, a Power … More
• Power of Attorney
  What is a Power of Attorney? Powers of Attorney are governed by the law of agency, a branch of common law concerned with the delegation of power from one person, … More
• Probate
  What is probate? Probate is a legal process during which the court oversees the distribution of assets that were left in a Will. This process can take a matter of … More
• Trusts
  What is a Trust? A trust is a fictitious legal entity which owns assets for the benefit of a third person (beneficiary). The Grantor of the Trust is the person who … More
• Taxes at Death
  What is Deemed Disposition? In the year of death, a final (terminal) tax return must be filed by the estate's executor that includes all income earned by the deceased … More
• Final Arrangements
  What is a final arrangements document? It is a way to express your death and burial preferences in writing. What you choose to include in your final arrangements … More