TWO MINUTE QUIZ: PLANNING FOR THE FUTURE

How much do you know about wills and estates in Alberta?

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* 1. When is the most advisable time to make a personal directive, an enduring power of attorney and a will?

Between 30 and 40

When you turn 50

Only if you have children

When you turn 18

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* 2. In which document do you appoint a decision-maker to make decisions on your behalf such as health care, housing, medical treatments, etc.?

Will

Personal Directive

Declaration of Incapacity

Enduring Power of Attorney

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* 3. In which document do you appoint a decision-maker to make financial decisions on your behalf such as property, money, taxes, etc?

Will

Personal Directive

Declaration of Incapacity

Enduring Power of Attorney

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* 4. True or False
If you become incapacitated, your spouse or family members will automatically have the right to make decisions for you even if you don’t have valid legal documents.

True

False

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* 5. Which law in Alberta describes many tools that adults can use to get help making decisions (depending on level of mental capacity)?

Bankruptcy and Insolvency Act

Adult Guardianship and Trusteeship Act

Wills and Succession Act

None of the above