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 In an estate sale, the “Seller” is the Estate, and...Read More
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...Read More
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,...Read More