Estate Archives | TLR Law

Estate

Legal problems when making a last will and testament.

Legal problems when making a last will and testament.

A will is a crucial document. It establishes the testator’s wishes (the person making the will) when he or she dies. When we assist clients in preparing their will, we must watch for certain things. First, a person must have the legal capacity to prepare […]

Executor Liability: Hurdles to overcome

Executor Liability: Hurdles to overcome

Our office handles a lot of estates. In the majority of cases, executors manage the process well. They distribute the funds in the estate within a reasonable timeframe with few if any problems. However, the job is not an easy one…. Executor Before I cover […]

Estates and Firearms; Can executors break the law?

Estates and Firearms; Can executors break the law?

According to the 2016 RCMP Commissionner of Firearms Report, at the time, approximately 87 000 Manitobans held firearm licences which works out to about 7.25% of the population. Gun owners must obtain a licence before acquiring a gun. In order to obtain a licence, a […]

FAQs about wills or last testaments

FAQs about wills or last testaments

Top 6 questions people have when I prepare wills or last testaments. 1. How many executors can I appoint? There is no limit to the number of executors you appoint. You can appoint just one with an alternate (in the event the first one appointed […]

Pre-printed Will Kits – Friends or Foe?

Pre-printed Will Kits – Friends or Foe?

In the past, I’ve discussed how will kits are problematic in Manitoba. I briefly discuss them here and here. In this post, I want to expand on the reason why a will kit creates challenges in Manitoba. If it clearly expresses the intention of the […]

POA (Power of Attorney) may save you thousands

POA (Power of Attorney) may save you thousands

Updated on October 16th, 2018 What is a Power of Attorney?  Is it different than a will?  We often get these questions from clients.  In this article, I will attempt to de-mystify this very important document. A Power or Attorney (POA) is often misunderstood, with […]

Will: Why you need one.

Will: Why you need one.

We all know we should have a Will. However, many of us don’t. Why? I am speculating, but my guess is that preparing one is one of those tasks that just creates work and, other than the relief of knowing your affairs are in order, […]

Family trusts- Part II

Family trusts- Part II

In Part I, I explained how you can set up a family trust as part of an estate freeze to plan for your succession and the payment of taxes on your death. In Part II, I’ll cover why this strategy is not for everyone, or […]