Core People in Your Estate Plan
6 articles
Understanding the legal terminology of important roles in your provinceExecutor, liquidator, attorney, mandatory. The same roles have different names across Canadian provinces. Here's a plain-language guide to what each one means.
Appointing an executor for your willChoosing an executor is one of the most important decisions in your will. Here's who can serve, how co-executors work, and what to consider.
Naming your beneficiariesYour beneficiaries inherit your estate when you pass away. Here's how to choose them and understand the difference between primary and contingent.
Assigning a guardian for children and petsIf something happened to you, who would raise your children or care for your pets? Here's how guardianship works and how to choose the right person.
Appointing an attorney for property and an attorney for personal careA power of attorney appoints someone to manage your finances or healthcare if you can't. Here's what each role involves and how to choose the right people.
Understanding the role of a substitute decision makerWhat happens if your executor or attorney can't act when needed? Here's how substitute and backup decision-makers protect your estate plan in Canada.