Category: Wills and Succession Act
Guide to the Wills and Succession Act in Alberta
Since 2012, the principal legislation governing the administration of estates in Alberta has been the Wills and Succession Act. This important document deals with a wide range of issues concerning wills, the rights of family members when there is no will, survivorship rules, and much more. If you haven’t already done so, it’s important to review your estate plan to ensure that it takes the provisions of the Wills and Succession Act into account. For people with no estate plan, it may be a good time to familiarize yourself with the main provisions in the Act and discuss your [...]
Intestate: Dying Without a Will in Alberta?
Most people understand the need for a will to protect loved ones after they die – but surprisingly few Albertans write a will until they enter their later years. A 2018 Angus-Reid poll found that only 35 percent of Canadians have an up-to-date will and only 51 percent have a will at all. Consequently, large numbers of people die without a will and do not get a chance to say who inherits their property. The court must decide for them – sometimes with undesirable results. Unnecessary delays, expense, and headaches may be caused for loved ones. Spouses and dependents [...]
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— B. R.
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— J. D.