What is a Will?
A Will is a legal document stating what you would like to happen when you die. While you are still alive it has no effect. Surveys suggest that a majority (over 55%) of Canadian adults do not have signed, legally binding Wills.
Dying without a Will can have serious consequences for your family. Once you are have passed you will not be able to choose your beneficiaries (the people who inherit your money, real estate, and possessions). The disposition of your estate will follow standard rules created by the government, which might not be what you would have chosen!
What is a Power of Attorney?
A Power of Attorney is a written authorization which grants power to another person to make decisions on your behalf. It is in effect while you are still alive, unlike a will, which only takes effect upon your death.
Get Accessible, Affordable Legal Services
We offer the best price with the best legal team and can help you navigate your legal concern with ease. We are law made easy!