Legal Things
Posted by AMANDA KU on
Why you should have a Will?
Estate: Is all the property and money owned by an individual when they die.
Will: Is a legal document prepared by a person prior to their death that outlines how their Estate will be given out after their death. It is important to have a lawyer prepare a will to avoid legal problems.
Intestate: A term used for a person who dies without a valid Will. Contact a lawyer or public trustee for instructions on how to handle this situation.
Holograph Will: A handwritten will signed by the person making the Will. A witness is not required to sign a Holograph Will; however, it is a good idea to have two independent people witness the signature. This type of Will may not be legal in all provinces.
Executor: Is…
545 Views, 0 Comments