/** Google Analytics Tracking Code Begins Here **/
  • Steinbach 204.326.3442 - 85 PTH 12 North, Steinbach, MB, R5G 1A7
  • Niverville 204.388.9300 - Box 1120, 62 Main Street, Niverville, MB, R0A 1E0
 

Search

Accounting Tips for Executors, Trustees and Attorneys

Anyone who holds assets for the benefit of someone else is in a position of trust. These individual controlling the assets are called “Trustees”, and the people entitled to the benefits of those assets are called “beneficiaries”. There are different types of Trustees: executors, administrators for an estate and attorneys acting under a Power of Attorney are a few examples. To promote clarity and ensure… Read More »

How Bankruptcy Impacts Estate Planning

When preparing a Will or Power of Attorney you need to make sure that the person(s) chosen to handle the affairs of the estate can get the job done. Skills, reliability and trustworthiness are primary considerations.  Whether someone is or may be at risk of becoming bankrupt is another factor to consider. Appointment of Bankrupt as Executor: Section 9 of Manitoba’s The Trustee Act states… Read More »

Opportunity Knocks!

The Importance of a Power of Attorney

When people start planning for the future they most often think of getting a will drawn up to make sure that those depending on them know what their wishes are. While this is certainly an important step, it does not solve every issue. What may be equally important, if not more so, is a Power of Attorney to deal with issues while you are alive.… Read More »

Estate Planning and Probate Fees

Many people want to avoid “estate taxes”, or probate fees. Sometimes, this will be attempted by putting bank accounts or real estate into joint names, where a right of survivorship causes the asset to vest entirely in the name of the survivor (often a child) on the death of the owner of the asset. Usually this is a bad idea, with nasty unintended consequences. Doing… Read More »

Testamentary Freedom

As lawyers, we love to plan ahead and we constantly advise our clients to do so as well. This is why we like contracts, when something is decided before a conflict arises; the ability to react to that conflict is much easier. One of the key planning documents that we love is the will. This document allows you, as the testator, to direct where your… Read More »

 
organism-mainframe
organism-mainframe
organism-mainframe
organism-mainframe