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Estate Planning during a Pandemic - is it possible?
Estate Planning during a Pandemic - is it possible?
Estate Planning During a Pandemic
The impact of COVID-19 is being felt around the globe, bringing dramatic changes to our daily lives. The pandemic has also brought to light the importance of creating an estate plan or updating an existing one. This may not be something that many people wish to consider but it is critical to have your affairs in order, especially during unpredictable times such as these. An estate plan typically includes a will, power of attorney and a representation agreement. Although provinces in Canada have different requirements for these documents, a common feature is having signed the document in the presence of two witnesses who also sign the document. Typically done through in-person meetings with a lawyer, it has been made very difficult due to social distancing and quarantining.
Estate Planning | 3 Most Common Planning Documents
Estate Planning | 3 Most Common Planning Documents
In this video, we cover the execution or signing requirements for the 3 most common legal documents that you need to be aware of in order to effectively create your estate plan.
What are the 3 most common legal documents?
1) A Will
2) Power of Attorney
3) Representation Agreement