Now that you got your Will drafted by a lawyer, you should create a list of all your assets and liabilities and store it along with the Will. You need to think about how your Executors or Trustees will find the location and value of your assets. See also: Do I need a will? Making…
Meenakshi Tewari Jham giving advice to entrepreneurs on business law and on wills and estate planning on the program “What’s going on in our community!” – a show by Vicky C. Read about five things to consider when drafting a will. Transcript of video: Vicky: Hello everyone, its Vicky Chiappari on “what’s…
Anyone who has a spouse, common-law partner, children or other family relationships, should consider leaving a will. You may also need a will if you have money in bank accounts, investment funds, ownership in property or any other assets. If you’re a private business owner, you may need a second will that covers your business…
A Power of Attorney (referred to as”PoA”) is a legal document through which the grantor (person signing the power of attorney) can authorize someone else to act on his/her behalf. A PoA should be granted to someone you trust like your spouse, adult child, parent, sibling or close friend. The person who gets the power…
A will is a legal document that expresses your wishes regarding management and distribution of your assets and business after you’re gone. A properly planned and thoroughly drafted document can save a lot of time and money for your heirs. Although there are a number of things to consider when drafting the same, in this…