You probably are no doubt aware of the term “Last Will and Testament.” Everyone is, right? Most people know the name of the document, even if they aren’t aware of exactly what goes into it. A simple explanation of a Last Will and Testament is that it is a legal document administering all of your […]
Want to know how to write your own Will? It’s actually more straight-forward than you think. The following items should be included when you write a Will: Your Name Your Location Listing who your Executors Will be Specifying how you want to divide up your Estate Listing your Beneficiaries Appointing Guardians if you have minor […]
Do you ever fantasize about inheriting millions of dollars from a long-lost uncle and then retiring to a tropical paradise? That’s the fantasy but what is the reality? Assuming your long lost relative has more money than brains, what’s the craziest thing you could inherit? What if you receive something you don’t want? What do […]
Alan Thicke was a Canadian actor, comedian, and television host who was best known for his role as Jason Seaver on the popular family sitcom “Growing Pains.” He was also a prolific television producer and songwriter, and wrote the theme songs for several popular TV shows, including “Diff’rent Strokes,” “The Facts of Life,” and “Wheel […]
The new October 2016 Federal Government Principal Residence Exemption (PRE) rules are causing many Canadians to review and revise existing Wills and Estate Planning strategies according to STEP (The Society of Trust and Estate Planners). To track the capital gains that foreign buyers have been avoiding on the purchase and sale of Canadian residential real […]
The rich and famous don’t always plan for their estate. Did you know that the famous rapper Snoop Dogg doesn’t have a Last Will and Testament? He has, in his own colorful language, brushed off the very notion with a terse “I don’t give a f___ when I’m dead.” Snoop Dogg isn’t the only celebrity […]
The оnе person Donald Trump ѕауѕ he’ll nеvеr fіrе іѕ hіmѕеlf. Though he turnеd 70 thіѕ уеаr, thе rеаl estate and reality TV ѕhоwmаn insists thе thоught оf retirement nеvеr оссurѕ to him. “Mу fаthеr, whо wоrkеd untіl hе раѕѕеd аwау аt 93, uѕеd tо always say, ‘tо retire іѕ tо еxріrе,” Donald tоld SmаrtMоnеу.соm. […]
The musician known as Prince passed away in April of 2016, but the contentious battle over his estate and assets continues. Aside from numerous individuals proclaiming their lineage with Prince, there are also squabbling relatives arguing over how much the late musician’s assets are worth. It’s been estimated that Prince’s estate is actually worth far less than initial […]
A Legal Will is a vital document for any individual. Here are 5 key things to know about making a Will: 1. You need to appoint someone as your Executor An executor is the person who will carry out the terms of your Will. An executor is someone who you trust. In many cases, people […]
“Make a Will Week” is a week-long awareness campaign that encourages people to create or update their Wills. It is typically sponsored by legal organizations, estate planning professionals, and other groups that promote the importance of estate planning. There are several of these events that take place across North America. During “Make a Will Week,” […]
