What is an Epilogue? Can you explain what it is? How can you buy one? Where can you find Epilogue Wills?
There is also the CANADIAN Epilogue Wills Registry, which is managed by Canadian estate planning lawyers. The Canadian Estate Planning Association also has a website with answers to various frequently asked questions about wills in general. A basic Will begins at $ 139 for couples and $ 1929 for individuals.
An individual will need to pay a minor non-refundable administrative fee to join the Canadian Estate Planning Association. After becoming a member, the member will be able to access the Canadian Estate Planning Association’s online platform from any location where they have internet access. This includes both mobile devices and computers. On this online platform, a person can register their basic information including their name, province of residence, postal or email address for the purposes of obtaining epilogues wills in addition to other services.
The primary intent of joining this website is to help Canadians plan their estates by establishing, if necessary, a durable power of attorney and also planning their deaths. This assistance is commonly referred to as epilogue wills. In contrast to common wills, which are considered valid when executed by a qualified physician, these legal documents are considered void if executed by an uninsured, unlicensed or otherwise not properly qualified person. Additionally, persons who become deceased before reaching the twenty-year mark of age set down in the document are not legally permitted to sign the document and therefore the document is considered null and void after that specific period.
As previously stated, epilogue wills are intended as a tool to assist individuals financially during their golden years. Individuals who meet the aforementioned criteria are usually under the care of an estate lawyer. However, estate lawyers have the ability to draft a more extensive legal document known as a Testamentary Trust. Whereas an estate lawyer will prepare and register the actual testamentary trust, estate lawyers can also draft a revocable living trust, which can serve as a more complete planning tool. While this will have a greater effect on the protection of assets, the costs involved will likely be less than the costs of preparing an elaborate testamentary trust.
In addition to assisting individuals financially, estate lawyers may also be called upon to review and sign a Living Will. The living will, unlike an epilogue will be effective at protecting any personal assets owned prior to the death of the individual who created it. Unlike probate, the testator’s will is irrevocably filed with the court. If the testator’s personal property should pass away, an estate attorney can make adjustments and provisions in the bill prior to its execution. Epilogue wills cannot legally alter or grant power of attorney to third parties or transfer assets to these individuals.
Many times, individuals do not know they are leaving someone behind or do not understand all of the legal terms associated with a living will or an estate plan. An online platform is your best option when trying to determine the exact extent of someone’s power prior to passing away. There are several different websites available for you to utilize. You will want to check out as many different sites as possible and narrow down your options to one that best meets your needs and the particular circumstances of your case.
If you are interested in finding out if you are a candidate for epilogue wills, contacting a licensed attorney is the best place to begin. Attorneys can be found on the Internet and will be able to help you make decisions and provide insight into this process. When you contact an attorney, it is important to supply him or her with information about your two wills. After this information has been verified, he or she can then offer legal counsel and lead you through the process. It only takes a few minutes of your time to complete this essential step with an attorney and gain peace of mind.
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