There are many different way to share ownership of an asset with another person.
This is one of my favourite songs by Death Cab for Cutie-a mournful composition of a last vigil. Unlike my musician spouse, poignant lyrics will draw me into a song much more quickly than the accompanying musical score. And my pull to this particular song has become even stronger lately as I spend more and more time with clients in urgent and palliative care.
In this day and age, not even landing on the moon can protect someone from apparent elder abuse.
I was surprised to learn-only just recently-that students are no longer learning to "write" in school. With computers and laptops in school, printing is about as far as the pen goes. Having completed my first post secondary degree on a typewriter-and the second on a computer in a bank of machines located in a dusty basement of the university-it made me pause to think about a world in without writing utensils.
When I worked in the mental health sector, capacity planning meant setting out health care instructions in advance for a substitute decision maker called upon during periods of episodic illness-usually in relation to young adults.
A carefully planned will is one of the most important things you can do for yourself and your family. While there are many reasons why this is true, this brief article explains the three most important reasons why everyone should think carefully about planning their estate.
Do-it-yourself will kits can be an inexpensive option in the short term, but the final product is often created without attention the most important aspects of estate planning. Ensuring that your will is executed the way you intend requires a thoughtful and knowledgeable consideration of the finer points of the law in this area. Ambiguity in the terms of the will may invite legal challenge or require judicial interpretation. These processes can be expensive and may not attract a positive outcome, in addition to draining estate resources. An experienced estate planning lawyer is essential in helping to ensure that a will complies with relevant laws and that the estate plan accurately reflects the intentions of the testator.