What Is A Power Of Attorney For Personal Care And A Power Of Attorney For Property
[vc_row][vc_column][vc_column_text]August 15, 2011 A Power of Attorney for Personal Care delegates to your named attorney or attorneys the authority to make decisions regarding your care. Your attorney or attorneys can only exercise the authority under the Power of Attorney for Personal Care if one or more physicians determine that you are no longer capable of […]
Wills: Don’t Wait, Do It Now
[vc_row][vc_column][vc_column_text]July 21, 2011 By Brian Babcock Sometimes unexpected illness or declines in mental health occur before you can prepare your will or update it to reflect changes in assets or intentions. More often, however, delay is the result of inattention. The cost of this omission can be expensive court proceedings regarding the estate and unnecessary stress […]
Should I Transfer My House To My Children?
[vc_row][vc_column][vc_column_text]July 18, 2011 By Brian Babcock This question arises frequently during estate planning, either at a lawyer’s office or while consulting financial planners. There are often good reasons to transfer the house to adult children. This may avoid probate, which both speeds up a sale after death and reduces probate fees (taxes). If the parent is […]
Can Someone With Alzheimer’s Disease Make A Will?
[vc_row][vc_column][vc_column_text]June 2, 2011 By Brian Babcock There are many good reasons to make your will now, rather than putting it off. Accident and illness generally are always risks, but increasingly, diminished mental capacity is becoming an issue. Although diminished capacity does not necessarily mean incapacity, it can create confusion, increase costs, and increases the risk that […]
Estate Planning For Business: Business Owners & Powers Of Attorney
[vc_row][vc_column][vc_column_text]January 8, 2008 By Fhara Pottinger If you are a business owner and operator, you know that decisions must be made on a daily basis to ensure the smooth and successful operation of your business. That is why, when you go on vacation, you plan for someone to make business decisions in your absence. However, not […]
Top 10 Reasons To (Re)do Your Will
[vc_row][vc_column][vc_column_text]September 18, 2007 Who will take care of your family, investments or even your pets when you are gone? Who will arrange your funeral or memorial service? Do you want to be buried or cremated? If you do not provide your own answers to these questions, a set of arbitrary government rules will decide for […]
Spring Cleaning…
May 3, 2006 Spring is here. As we do at home, we at Weilers get the urge to do a bit of spring cleaning. Many of our clients who have had wills prepared by our office have recently received letters reminding them to review their estate planning documents. It is a very good idea to […]
Creditors Are Out Of Luck
By Paul Jasiura On February 3, 2005, the Supreme Court of Canada refused to grant leave in a case called Amherst Crane Rentals Limited v. Perring, involving competing claims to RRSP benefits. As a result, the Ontario Court of Appeal decision in the case now stands as binding. At the Court of Appeal, all three judges […]