If you care about your family or your legacy, then write your Will and keep it current!
- Intestacy, or dying without a Will, is handled differently depending on the province of residence of the deceased. Each province has its own Intestate Succession Act and if you die intestate your estate will be divided according to the rules set out in the respective Act.
- Write your Will and state who is to be the guardian of your children, rather than leave it to the Courts to appoint someone.
- Indicate how your estate is to be divided – whether amongst family, friends, and/or a charity of your choice. Don’t leave it to the provincial government to decide.
Laws can take you by surprise, so use an experienced lawyer familiar with the legislation in your province.
Review your Will at least every five years. People change or die; estates grow or diminish; you may marry or divorce … or just change your mind!
- In many provincial/territorial jurisdictions if a testator, i.e. one who writes a Will , marries or divorces after drafting a Will, that Will is revoked by law (i.e. null and void), unless certain conditions are satisfied.
Dying intestate leaves a sad legacy of strain and difficulty for one’s heirs, instead of allowing them to focus on moving through their grief and going on with their lives.
Download this booklet, Your Will Planning Workbook, [PDF – 2.54MB] to prepare for your visit with the lawyer. Other resources are available under Useful Links to help you with your estate planning. If you would like a hardcopy of any of the estate planning booklets or brochures, please contact us.