What is a Will and Other Wills Questions Answered by a Trusted Calgary Wills Lawyer

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This Weeks FAQs for Wills
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FAQ 1
What is a will?
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A will, also referred to as a last will and
testament, is a vital part of any persons estate
planning. The will determines who gets what from
your estate, appoints one or more representatives
(executors) to administer your estate, and deals
with issues such as guardianship of minor
children.
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FAQ 2
What happens if I die without a will?
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If a person dies without making his or her will,
his or her property must go through the
so-called probate process in order to properly
and legally transfer the titles or properties to
the respective beneficiaries of the deceased.
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The probate process is a list of guidelines
created and established by the State Probate Law
on how the property or assets are to be
distributed to the respective heirs of the person
once he or she dies without a will. This process
includes the appointment of an administrator,
identification of the beneficiaries and the
distribution of the properties or assets
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FAQ 3
What does Power of Attorney Means?
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A power of attorney, in the context of estate
planning, appoints a representative (attorney)
to look after your financial affairs in the event
that you become mentally incompetent.
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A personal directive appoints one or more
representatives to make medical decisions on your
behalf in case you become incapacitated. Personal
directives typically also provide specific
guidance as to what your medical wishes might be.
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Does this FAQs helped you with your questions
about writing your wills?
Visit our website today for more information!
www.CalgaryLegalWills.com
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