What happens if I die without a Will?
Your Estate will be distributed in accordance with provincial legislation. This may not reflect your wishes. Someone will need to apply to administer your Estate, and your Administrator may need to secure a bond for the value of the Estate.
What happens to my Will if I get married or divorced?
A marriage automatically revokes most Wills. If you get divorced, your Will is read as though your ex-spouse predeceased you. In either event, you should review your Will with your lawyer to ensure it is still valid and accurately reflects your wishes.
What is a Power of Attorney and what happens if I don’t have one?
A POA is a document that allows the person you have appointed as your attorney to manage your business affairs while you are alive but disabled. If you become unable to manage your business affairs without a Power of Attorney in place, someone will need a court order to be appointed the designated person to manage your affairs. It is a time-consuming and expensive process.