What is a Power of Attorney?

What is a Power of Attorney?

A Power of Attorney is a document in which you appoint an “Attorney” who can exercise certain authority on your behalf. For example, you might sign a Power of Attorney authorizing someone to sign an agreement on your behalf because you are out of the country when it needs to be signed. It is important to note that “Attorney” in this context does not mean “Lawyer”. Your Attorney under your Power of Attorney can be anyone that you know and trust.

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Why Do I Need a Will?

Why Do I Need a Will?

Why do I need a Will?

It is important to explain the general purpose of Wills before outlining the reasons why you should consider getting one. A Will is your opportunity to decide what you would like to happen with your assets at your death. Generally, your Will can provide for an immediate distribution of your assets to your chosen beneficiaries (friends, family, and charities) or the distribution can be delayed using “Trusts” (a topic for another day).

There are four primary reasons why you should have a Will:

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What is Probate?

What is Probate?

A somewhat alarming statistic is that nearly 50% of adult Canadians do not have a valid Will. Drawing from that, I am going to imagine that an equally large number of people in Nova Scotia are unfamiliar with probate. This blog will take a look at what probate is and why many people would wish to avoid it.

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Consequences for Your Loved ones if you Die Without a Will

Consequences for Your Loved ones if you Die Without a Will

A common (and troubling) statistic is that approximately 50% of adult Canadians do not have a valid Will.  The reasons why people haven’t yet prepared their Wills are varied but I’ll suggest one of the more important is that they don’t understand the consequences of dying without one.

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Estate Planning for your fur babies 101

Estate Planning for your fur babies 101

As a Golden Retriever Mom, I understand the desire to ensure your pets would be cared for properly if you cross the Rainbow Bridge before they do.  Estate planning will help you accomplish this.  Leaving a letter or talking to your family is not legally binding and opens the door to the possibility that your wishes will be ignored and your pets given away, or worse.

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