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Difference between revisions of "Glossary for Preparing Your Will"

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(Created page with "{{DEMOWARNING}} {{Writing Your Will TOC}} ;assets What you own. Assets can include things such as money, land, investments, andpersonal possessions such as jewelry and furnit...")
 
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{{Writing Your Will TOC}}
{{Writing Your Will TOC}}


;assets What you own. Assets can include things such as money, land, investments, andpersonal possessions such as jewelry and furniture.
;assets: What you own. Assets can include things such as money, land, investments, andpersonal possessions such as jewelry and furniture.
;beneficiary: Person or organization you leave something to in your Will.
;beneficiary: Person or organization you leave something to in your Will.
;codicil: A document made after the Will that changes some things in your Will.
;codicil: A document made after the Will that changes some things in your Will.
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;RRIF: The Registered Retirement Income Fund plan is designed to provide people with a constant income flow through retirement from the savings in their RRSPs.
;RRIF: The Registered Retirement Income Fund plan is designed to provide people with a constant income flow through retirement from the savings in their RRSPs.
;RRSP: Registered Retirement Savings Plan is a legal trust registered with the Canada Revenue Agency and used to save for retirement.
;RRSP: Registered Retirement Savings Plan is a legal trust registered with the Canada Revenue Agency and used to save for retirement.
:spouse Someone married to another person, or:
;spouse: Someone married to another person, or:


(b) has lived with another person
(b) has lived with another person
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