A properly prepared Will allows you to:

• choose your executors to handle your estate, rather than have a court appoint someone;
• choose the guardians of your minor children;
  
• ensure that your assets will be distributed to the people you choose and in the way you want, rather than pursuant to provincial law;
  
• choose when a beneficiary will receive his or her inheritance, whether immediately after your death, at a specific age or in stages over a period of time;
  
• make special gifts of specific items to specific people;
  
• ensure that your obligations to your spouse and dependents are adequately provided for;
  
• deal with your assets and estate in a way that maximizes tax savings and minimizes probate fees.
  

It’s a good idea to review your Will regularly to decide if it needs to be updated to reflect things such as changes in family circumstances or changes in your wishes.

Your Will is an important document to have, but your estate plan should include your Will, an Enduring Power of Attorney and a Personal Directive. 

Call or email Kelly Law to discuss your estate planning goals

Over 50% of Canadians don’t have a Will. If you die without a Will, the law - not you - will determine how to distribute your estate, which might not reflect your intentions and desires.

Your Will provides your family with a basic roadmap of what should occur when you die. Do you want to be cremated or buried? Should your organs be donated? Who do you want to handle your estate?

Wills