The new Wills and Succession Act came into effect in Alberta on February 1, 2012. This law consolidates the Wills Act, Intestate Succession Act, Survivorship Act, Dependents Relief Act and section...
Description
The new Wills and Succession Act came into effect in Alberta on February 1, 2012. This law consolidates the Wills Act, Intestate Succession Act, Survivorship Act, Dependents Relief Act and section 47 of the Trustee Act. The Wills and Succession Act specifies how and to whom property is transferred when a person dies. It is designed to make Alberta's succession legislation easier to use and understand. Among the changes made by the Act, there are amendments to the Matrimonial Property Act. These amendments allow a surviving spouse to claim for matrimonial property division upon the death of their spouse. These amendments, in section 117 of the Wills and Succession Act (which for the purposes of this report are called the "legislation"), have not yet been proclaimed.