Estate sales are common in the Calgary real estate market. These transactions often differ from standard resales in terms of formal procedures, signing authority, and timelines. Understanding these factors can help facilitate a smoother transaction for all parties involved. 1. Authority to Sell the Property...
Introduction When purchasing property in Alberta, a common question arises: Should we put only one person’s name on title, or both spouses’ names? This decision is far more than a formality. It can impact your financing, future sale transactions, divorce settlements, estate planning, and debt...
When it comes to Estate Planning in Calgary, many people believe that having a Will is enough. However, a comprehensive plan under Alberta law requires three distinct documents to protect you both during your life and after your passing. 1. Enduring Power of Attorney (EPOA)...
Trusts in Alberta Real Estate: Why “Title” Isn’t Always the Full Story In Alberta real estate transactions, it’s common to assume that the person named on Land Title is the true owner. In many cases, that’s correct — but not always. Trust law is one...
What is Due Diligence? Due diligence is an essential step in any business purchase transaction. It involves a thorough investigation into the business to uncover potential risks and liabilities before finalizing the deal. Proper due diligence helps buyers avoid financial losses and legal disputes while...