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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) Focus: Financial & Property Decisions (While Alive) An Enduring Power...
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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 reason why legal title may differ from beneficial ownership, and...
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A Will is a legally binding document that ensures a testator’s (person making the will) estate is distributed according to their wishes. It also allows the appointment of an executor to manage the estate and a guardian for minor children. While estate laws in Canada share similarities, Alberta and British Columbia (BC) have notable differences,...
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