Category: Personal Directive
Factors Used in Selecting a Suitable Guardian for Your Child in Alberta
Have you ever thought about what would happen to your children if you were no longer around?It’s a tough question that many couples and individuals postpone answering. However, addressing it now in a will can provide the peace of mind that if something happens to you, your children will be cared for.The best solution is to name a legal guardian in a will that is properly drafted by an estate planning lawyer.That way, you will have the assurance that a suitable person of your choosing can be authorized to take care of your children rather than requiring the Alberta family [...]
Enduring Power of Attorney Vs. Personal Directives
Most people in Alberta know that they need to make a last will and testament at some point in their lives. But there are two other essential estate planning documents that far fewer people are either aware of or get around to creating. If a person loses mental capacity or faces a medical emergency that leaves him/her unable to make financial and healthcare decisions in the future, it can lead to considerable problems for family members. An enduring power of attorney and personal directive help decide matters that may affect a person while still alive — unlike a will, [...]
Why Should I Hire an Estate Planning Lawyer?
For most of us, planning for what will happen when we pass away is something we would rather not think about. However, there are some good reasons why taking care of your estate planning now is a good idea – one that can actually give you and your loved ones some reassurance and peace of mind. The process doesn’t have to be painful, either. An experienced estate planning lawyer will know what matters need to be addressed, and can help you turn your mind to the relevant considerations. Then they can walk you through the steps of putting in [...]
How is a Power of Attorney Different from a Personal Directive in Alberta?
Power of Attorney VS Personal Directives Comprehensive estate planning involves more than simply writing a will to take care of matters after you pass away. You also need to plan for your later years, when you may lose the power to make decisions for yourself and loved ones need to manage your healthcare, living arrangements, and finances. Family members can't make decisions on your behalf without the right documents. Your estate plan must, therefore, include a power of attorney and a personal directive. But what, specifically, do they accomplish, how do they differ, and what do you [...]
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