Finance

A document that specifies changes to an existing will is

Started by appyboo

You are recently divorced and have relocated to another province, you should

Started by TVarnum

The primary purpose of a preferential share is to

Started by lindiwe

There may be a need to distribute half of the estate to the spouse and the other half to any other ...

Started by mmm

If a person dies and two wills are discovered in the safety deposit box,

Started by haleyc112

The first clause in a will

Started by fagboi

Which of the following is necessary for an English form will to be valid?

Started by clmills979

Which of the following is not a good reason to have a will?

Started by bobbysung

A living will is a health care directive for individuals to specify their preferences if they become ...

Started by KWilfred

In many cases, the executor and the trustee is the same individual.

Started by FButt

A handwritten will is called a notarial will.

Started by TFauchery

Granting a durable power of attorney gives the authorized individual power to make decisions about ...

Started by Anajune7

RRSPs can be rolled over to certain beneficiaries without being subject to tax.

Started by cookcarl

In Canada the average tax paid at death is high due to deemed dispositions and probate fees.

Started by Alainaaa8

There will be no tax on capital property held jointly with a surviving spouse.

Started by Zulu123

On death the executor must sell all assets, thereby triggering taxes.

Started by cnetterville

Probate is the legal process that ensures orderly distribution of assets and guardians of children ...

Started by P68T

If you are involved in a common-law relationship, it is the same as being married regarding ...

Started by piesebel

If you get married, your will is cancelled in some provinces but not in others.

Started by mspears3

The residue of an estate is the amount of assets you own before taxes.

Started by acc299

Even a parent without significant net worth needs a will to appoint a guardian for their children.

Started by joesmith1212

As long as a holograph is in the handwriting of the testator, it is valid in Canada.

Started by james

English form wills must be dated, signed, and witnessed and are the most common in Canada.

Started by Destiiny22

To create a will, a person must be of legal age, be mentally competent, and not be subject to undue ...

Started by abc

If a person dies without a valid will, the court will appoint an administrator, who is an expert in ...

Started by drink