To Sue or Not to Sue? Things to Consider
What to do? What happens when you are faced with having to sue someone? The question is should I or shouldn't I? These are emotional situations but your decisions should not be based on emotion. It is important to look at the facts in front of you, not from the perspective of whether you have a good case, but whether, regardless of the merits of your case and your success at Court, you will be able to collect on any judgment you obtain from the Court. It all boils down to, if you sue and are successful in obtaining a judgment, whether you can enforce the judgment. Enforcing your judgment means whether you can collect on it. There is a common misperception that if you win at Court, you will automatically get your money back. This is not true. The Court's active involvement in a lawsuit ceases once the matter... Read more
Keeping Your Corporation Current – Filing Your Annual Returns
You are the proud owner of a corporation, happily managing the day to day affairs. But are there are other things that you should be aware of? Section 268(1) of the Business Corporations... Read more
Part II: Incorporation- To Incorporate or Not to Incorporate. I am Opening My Own Business!!!
You have made the decision to be the entrepreneur you have always wanted to be, to start up your business and make your fortune. Congratulations!!! But now what? You are so excited but... Read more
Part I: Sole Proprietorships- I am Opening My Own Business!!! To Incorporate Or Not to Incorporate
You have made the decision to go it on your own…to strike out on your own path and make your fortune. Congratulations!!! But now what? You are so excited but now all of... Read more
I am the Personal Representative of an Estate. Can I Pay Myself?
There is no question that taking on the task of a Personal Representative is time-consuming and can be emotionally charged, depending on the complexity of an Estate and the personalities you are dealing... Read more
Administering The Estate – Protecting Yourself
A Grant of Probate and/or Grant of Administration is obtained from the Surrogate Court. A Grant of Probate is granted by the Surrogate Court when an individual dies with a Will in place.... Read more
What Is A Paralegal Anyway?
A paralegal is an individual with formal education as a legal assistant, but with a specialized skill for drafting legal documents and conducting research. A paralegal is not qualified to provide legal advice... Read more
An Executor’s Checklist – The Responsibilities Of An Executor Of An Estate
Set out below is a very extensive checklist for the executor of an Estate. While many of these items may not apply to your situation, nor is there a strict requirement to follow... Read more
The Next Step When Your Loved One Dies
PROBATING THE ESTATE IF THERE IS A WILL ADMINISTERING THE ESTATE WHEN THERE IS NO WILL In Alberta, when an individual passes away, all of their financial assets are essentially “frozen” and access... Read more
What Is A Personal Directive (Living Will)?
The Personal Directive (commonly referred to as the Living Will) is a legal document which appoints an individual to make decisions on your behalf with respect to your personal care and medical care... Read more