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Planning for your Will

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When Should I Update My Will? Navigating Life’s Twists and Turns

Updated: June 2024 When do you need to update your Will? Estate planning is an ever-evolving process that adjusts and adapts to the ebbs and flows of our lives. Central to this is your Last Will and Testament. But creating a Will isn’t a one-time affair; life’s unpredictability demands regular revisions. So, how do you […]

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Can I Use a Foreign Executor for My Will in Canada?

Who is going to be the Executor for your Will? While your mulling over that question, have you considered picking an Executor who lives near you? Or have you decided on an Executor who lives in another city or even another country? What would the difficulties be in having an Executor who doesn’t live near […]

Probate

The Ultimate Guide to Minimizing Probate Fees in Canada

Understanding probate fees and how they work doesn’t have to be confusing. Put simply: probate is a way to validate your Will through the courts. Once a person dies, “probate” refers to the process by which a Will is certified by a Court and accepted as a valid legal document. Getting your Will certified by […]

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What Happens If I Die Without a Will?

  Samantha, a single mother of two young kids, died unexpectedly at the age of 35. She had often spoken about her wishes for her children’s upbringing and how her assets should be divided. However, she never put those wishes in writing. Without a Will, her family had to grapple not only with their grief […]

FormalWill.ca: The Best Online Will Writing Service

Writing a will is a task that many of us put off for far too long. It’s often seen as a complex, time-consuming, and expensive process. However, the importance of having a will that clearly expresses your wishes cannot be overstated. That’s where FormalWill.ca comes into play, making the entire process smooth, user-friendly, and affordable. […]

Guardianship: Who Should I Appoint? A Comprehensive Guide

Guardianship is a critical decision that can have profound implications for the well-being and future of your children or dependent family members. It’s a choice that requires careful thought, understanding, and consideration. In this comprehensive guide, we will explore the key factors that should be taken into account when deciding who to appoint as a […]

Probate: The Complete Guide for Canadians

Probate is a legal procedure that verifies a Will and confirms the appointment of an Executor to administer the deceased’s estate. In Canada, the process is governed by provincial and territorial laws, making the requirements and fees vary across the country. In this comprehensive guide, we will explore how this process works in each province […]

What questions do you have about Last Wills?

The Top 20 Questions on Making a Will in Canada

Questions about Wills? A Last Will is a legal document that outlines how an individual wants their property and assets distributed after their death. In the absence of a Will, the provincial laws decide how assets are divided, which might not align with the deceased’s wishes. In Canada, having a will is essential for several […]

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How to Write a Will Without a Lawyer – Formalwill

Can you write a Last Will without a lawyer? Absolutely. This article dives straight into the key steps for learning how to write a Will without a lawyer. We’ll help you discover the requirements that must be met, the options available for DIY Will-writing, and crucial tips for ensuring your Will’s reflection of your wishes. […]

Everything You Need to Know About Creating a Will in Canada

Everything you need to know about the basics of drafting up a Last Will is in this article. Creating a will is a crucial step in ensuring that your assets and belongings are distributed according to your wishes after your passing. In Canada, having a well-crafted will can provide peace of mind to both you […]

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