What is an Estate Plan?

An Estate Plan is the process of planning in advance what you would like done with your property, your finances, and your health should you become incapacitated or in the event of your death. In Alberta, there are three documents that commonly make up an Estate Plan. The document you are probably the most familiar with is a Will. But depending on your needs and desires, you may also want to include a Power of Attorney and a Personal Directive. In this article, we will briefly describe each of the documents that are important parts of estate planning. WILL A will is a legal document that sets out how you would like your property divided after you die. It also allows you to name your personal

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