Dimensions: 144 pages, 9 × 8 × 0.3 in
Published: December 1, 2007
Publisher: Self-Counsel Press
The following ISBNs are associated with this title:
ISBN - 10: 1551808013
ISBN - 13: 9781551808017
Table of Contents
Preface xiii Step 1: Choose Your Executor 1 1. Choosing the Right Executor 4 1.1 What does an executor do? 4 1.2 Who would be a good executor? 5 1.3 Is it a gift, a trust, or a life estate? 6 1.4 What powers should I give my executor? 8 1.5 An individual as executor 9 1.6 A professional person as executor 10 1.7 A trust company as executor 11 2. Joint Executors 13 3. Alternate Executors 14 v 4. Payment to Your Executor 14 5. Executor Clauses 14 Step 2: Categorize Your Property 15 1. Non-Estate Assets That Pass Automatically to Beneficiaries 17 1.1 Joint with right of survivorship assets 18 1.2 Designated beneficiary assets 18 2. Estate Assets That Pass through Your Will 18 2.1 Assets in your name only 18 2.2 Assets you own as tenants in common 19 Step 3: Distribute Your Property 21 1. People with Children 23 2. People without Children 25 Plus One: Sign, Witness, and Store Your Will 27 1. Sign and Witness Your Will 29 2. Store Your Will 30 Resources 31 Frequently Asked Questions 33 1. Questions about Content 33 1.1 Do I have to give something to my spouse? 33 1.2 Do I need a will if everything is jointly owned with my partner? 35 1.3 Do I have to leave something to my children? 37 1.4 Who will look after my minor children? 38 1.5 Who will look after my minor children''s money? 38 1.6 What if the whole family dies in a plane crash? 39 1.7 What if I remarry? 40 vi Write Your Legal Will in 3 Easy Steps 1.8 What about same-sex couples? 42 1.9 Why didn''t we have any problems when
From the Publisher
You can write your own legal will by following the three easy steps explained in this book. A CD contains blank forms for your use. Ensure that your assets and belongings are passed on to the people who deserve them and according to your wishes. If you die without a proper, valid will, your relatives may be overwhelmed by complicated paperwork and expensive legal issues. A legal will gives you the peace of mind of knowing that your estate - however modest or extravagant - will be properly divided and your loved ones cared for. The book answers questions such as: How much work is it to administer an estate? If I make a will, do I have to use a lawyer? Who should be my executor? Do I have to leave anything to my spouse or children? Can I change my mind about bequests? How should I choose my witnesses? This kit is written by a Canadian lawyer and is 100% legal. Just follow the step-by-step instructions and use the forms included to create your own will. There''s no need to register your will or have it signed by a legal professional. Simply store it in a safe place for your loved ones. 1. Choose your executor 2. Understand what property passes in your will and what does not 3. Decide who will get the property that passes in your will Besides the simple, 3-step approach, the book also contains useful reference material explaining more complicated wills. All the forms you need for a simple, legal will are printed on tear-out sheets in the book. Those same forms, plus numerous bonus forms, are included on the CD-ROM bound in the back of the book.
From the Jacket
Ensure that your assets and belongings are passed on to the people who deserve them and according to your wishes. If you die without a proper, valid will, your relatives may be overwhelmed by complicated paperwork and expensive legal issues.
About the Author
Tom Carter operated a private law practice for nearly 20 years, dedicated to meeting the complex legal needs of our aging population. His specialization included wills and estates, incapacity planning, and adult guardianship and trusteeship. In 1999 he closed the practice to take a position as a senior trust officer and estate consultant with Canada Trust, and is now teaching law at Grant MacEwan University in Edmonton. Carter has been an instructor for the Alberta Bar Admission Course (wills and estates) and has published several articles on aging and relevant legal issues. He is the author of Alberta Incorporation Kit, Living Wills Kit, and So You''ve Been Appointed Executor for Self-Counsel Press.