Codicil or New Will?

If you’re considering changes, fixes, or updates to your existing Will, you may have encountered the term ‘Codicil’. In Alberta, a Codicil changes or amends an existing Will, allowing you to make updates without incurring the expense of a new Will. A Codicil is a great option for Will updates in certain circumstances, however, it’s...
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Can my Lawyer Act as my Executor?

There are several important considerations that go into naming an Executor in your Will. While a potential Executor’s occupation isn’t one of the most relevant considerations, some individuals’ professions give them more background knowledge and experience with the skills and characteristics required of an Executor. It goes without saying that most practicing Alberta Wills &...
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Estate Planning for Personal Property

Personal belongings are an important consideration in a well thought out Estate plan. We tend to think about the ‘big assets’ first when Estate Planning—land, houses, investment accounts, life insurance policies, RRSPs, etc., however, it’s also important to plan for your personal property. Vehicles, jewelry, artwork, sentimental items, family heirlooms, collectibles, and other personal belongings...
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