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Posts Tagged ‘Alberta’

How Do You Give Someone Power of Attorney in Alberta?

Deciding who you might wish to hold power of attorney in the event that you are no longer capable of managing your own affairs is a vital and oft-overlooked element of estate planning. It is a document that you put together while you are still in command of your own faculties.    This incapacitation can…

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What is Title Insurance in Alberta? Here’s the Ultimate Guide

Every home comes with a title. The title is the document that gives you legal ownership of a property. If the title isn’t free, clear, and transferred to you properly then you don’t own the home. Title insurance protects you in the event that a problem with a title causes you some sort of loss.…

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How Long Does it Take to Probate a Will in Alberta?

Probate is a process that can impact when and how heirs can take possession of an inherited property in Alberta.    Probate is the process of validating a will. The judge ensures the will is legal, and ensures that it’s the most up-to-date version of the will. The judge then authorizes the executor to begin…

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How Much is Land Transfer Tax in Alberta?

When you close on your home land transfer tax will make up the bulk of your closing costs. It is also the one part of your closing costs that can’t be rolled into a mortgage or paid directly by the seller (though they can offer you credits to cover the costs in other ways). First…

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