Wills and Estates

Wills

Every person should have a Will even if your Estate is not large. With a Will you can name the person you want to take care of your Estate (the Executor) and you can direct where you want your assets to go. If you do not have a Will you may have a person controlling your Estate that you may not have otherwise chosen, and your assets will go to persons that you may not have wanted to receive anything from your Estate. You should review and revise your Will regularly.

Personal Directive

A Personal Directive allows you to appoint and name an Agent to make health care decisions for you when you lose your mental capacity to make your own decisions. A Personal Directive is often called a Living Will. You can state in your Personal Directive the kind of health care and treatment you wish to receive when you can no longer make your own decisions. A Personal Directive does not come into effect until your Doctor says you are no longer capable of making your own decisions.

Enduring Power of Attorney

An Enduring Power of Attorney allows you to name an “Attorney” to make financial decisions for you when you lose your mental capacity to make such decisions on your own. An Enduring Power of Attorney only allows your Attorney to make financial decisions for you, not health care decisions. An Enduring Power of Attorney can come into effect when you sign it, or when your Doctor says you are no longer capable of making your own financial decisions.

Grants of Probate and Administration

When your loved ones die, it may be necessary to apply to the Surrogate Court of Alberta for a Grant of Probate or Administration. Such a Grant gives the person you name in your Will as your Executor to call in and distribute your assets according to what you have stated in your Will. If you own Real Property or have even modest investments, your Executor will have the authority to apply for a Grant of Probate, or Court sanctioned authority, to sell or transfer such assets.

We will assist you in making application for a Grant of Probate or Administration. We will give Executors and Administrators advice on how to deal with all Estate matters.

Guardianship and Trusteeship

It may be necessary to apply to the Court of Queen’s Bench of Alberta to be appointed the Guardian or Trustee for someone who is no longer able to make health care decisions or financial decisions on their own. We will assist you in making such an application.

Our pricing for Wills and Estates services is as follows

 

  •  Individual Will: $395.00
  • Spousal Wills (2): $595.00
  • Enduring Power of Attorney: $195.00
  • Personal Directive (Living Will): $195.00
  • Individual package for Will, Enduring Power of Attorney and Personal Directive: $595.00
  • Spousal package for Two Wills, Two Enduring Powers of Attorney, and Two Personal Directives: $895.00
 
**These quotes are for normal situations. Complex documents preparation and revisions will be billed on an hourly basis.