Q&A

Can a client of questionable capacity execute a will?

Can a client of questionable capacity execute a will?

If a client of questionable capacity executes a will giving her estate to her husband, and then to her children if her husband does not survive her, it’s unlikely to be challenged.

How to answer a situation-based interview question?

To answer situation-based interview questions, use the problem–solution–benefit formula. The benefit to your employer. Do that, and you’ll fit the job like you were shrink-wrapped on. Tell me about a time you had to collaborate with a coworker who was difficult to work with.

How is the legal capacity of a client assessed?

As a practical matter, in assessing a client’s capacity to execute a legal document, lawyers generally ask the question, “Is anyone going to challenge this transaction?” If a client of questionable capacity executes a will giving her estate to her husband, and then to her children if her husband does not survive her, it’s unlikely to be challenged.

Which is an example of a situational question?

Examples of situational questions are: 1 How would you advise your team and respond to a situation in which a competitor launched a new product? 2 When you work on several projects with tight deadlines, how do you make sure you stay on track? 3 What would you do if you saw a key metric drop month over month?

Is the Law Society of Alberta able to relax rules?

For lawyers, many legislative requirements and risk management measures require in-person contact with clients and others. The Law Society is not able to relax the rules which require in-person execution of testamentary documents, transfers of title, and sworn affidavits because these are rules created by statute.

What should be included in an estate plan?

Make sure your professional team, which could include an investment adviser, tax practitioner or a lawyer, clearly understands your objectives. Then instruct them to put the best personal plan in place that reflects your wishes. The cornerstone of your estate plan is a well-crafted will. Review your will every two to five years.

Is the Alberta Securities Act subject to non substantive changes?

Check back often for the latest updates. NOTE: Until rules or instruments become effective as evidenced by their publication in The Alberta Gazette (see section 225 of the Securities Act (Alberta)), they are subject to non-substantive changes.

Then, break down each experience using the STAR method: Situation: Explain the context of the situation you experienced, including relevant details. Example: “In my previous role as a customer service manager for a retailer, my team was often overwhelmed with calls and emails during the busy holiday season.