Will
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If I am married or have a family, can we simply use one joint Will for a couple or one Will per family?
No. Each individual person must have their own Legal Will. A joint Will will not be valid. -
How much does it cost?
A Standard Will is free. A Premium Will Plus package is $79. -
Why should I go through FormalWill.ca to make a Will?
Many sites often charge their customers with hidden or extra fees and costs. With FormalWill.ca, you know exactly what you are getting and paying for. In developing FormalWill.ca, the site, and process was developed in consultation with Canadian lawyers so you can be rest assured that you are getting quality Canadian Legal Wills. FormalWill.ca does not provide legal advice and as such, you should consult a lawyer in your jurisdiction in the event that you are unsure if a Will from FormalWill.ca is adequate for your situation. -
How do I receive my Legal Will?
Upon completion of the questionnaire and payment, your Will appears instantly on screen with a copy sent to you by email. You do not receive any documents via mail. If, for whatever reason, you do not receive your Will via email, simply log back into your account at www.www.formalwill.ca, and you can print your Will and instruction letter from there. -
Is my will valid anywhere in Canada?
FormalWill.ca caters to individuals who live in all provinces and territories in Canada and Legal Wills are customized to be valid in each province or territory. FormalWill Inc. is a national Canadian company that specifically serves the needs of all Canadians. -
Does a Will need to be notarized to be legally valid?
A Will does not have to be notarized to be legally valid. It is valid if signed correctly in the presence of witnesses as outlined in the signing letter you receive via email. -
Does a Lawyer have to draw up a Will?
No. Wills can be drafted using a do-it-yourself service such as FormalWill.ca and are valid once signed following the instructions you receive from us with your Canadian Legal Wills. -
Does FormalWill use secure payment processing?
Yes. FormalWill.ca utilizes advanced security precautions to ensure that your transaction is safe and secure. Our payment processing is provided by Stripe, one of the world’s leading payment processors. -
Do I have to file my Will with a local court office?
No. A Will produced by FormalWill.ca is valid once you have signed it and does not need to be filed with a court office. As with all Wills, upon death your executor may file your Will with the local court office for probate purposes. -
What types of things are covered in a Will created using FormalWill?
When you create your Will using our proprietary and easy-to-use system, your Will includes:
- A clause revoking former Wills and testaments
- Specification of your city/town and province of jurisdiction
- Appointing an executor or person who will carry out the terms of your Will
- Appointing alternate executor(s)
- Specifying detailed duties and powers for your executor or person carrying out the terms of your Will
- Leaving specific gifts to specific individuals such as:
- Specific amount of money
- Car
- Jewellery
- Household items
- RRSP, RRIF, TFSA
- Stocks/Bonds
- Shares in private companies
- Primary Residence
- Secondary Residence (i.e. cottage)
- Other specific assets
- Leaving the residual estate to specified individuals
- Trust provisions allowing you to choose an age that minor children are entitled to receive their share of the estate
- Clause allowing your executor to make income tax decisions in the best interests of your estate
- Charity clause allowing you to leave specified gifts to a charitable organization
- Guardian clause allowing you to appoint a person to take care of a child who is a minor
- Clauses allowing the appointment of alternate guardian(s) to take care of a child who is a minor
- A detailed instruction letter on signing your Will with witnesses
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Why do I need a Will?
A Will is perhaps the most important document you will ever sign. A Will grants power over who will receive your property, who will control your estate, and who may be the guardian of your children after your death. Without a Will, your assets could remain undistributed or go to people you would never have wanted to receive those assets. Furthermore, your family could spend years in court and incur significant legal fees in order to determine what your intentions were for your estate. -
After I receive my Will, do I have to do anything for it to be valid?
Simply follow the signing information carefully and your Will is valid. You are not required to file or notarize your Will. -
Once I have completed my Premium Will, is there a charge for any changes I may want to make later on?
Once you have paid for the Premium Will Plus Option, you have 1 year from the date of purchase to complete or make changes to any of your documents. You can change your documents an unlimited number of times within the 1 year period.
Power Of Attorney - Financial/Property
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What is a Power of Attorney - Property/Financial and why should I have one?
A Power of Attorney - Property/Financial document allows you to give someone else the authority the authority over your financial affairs and property. It applies in situations where a Will would not apply. For example, if you are alive but are incapacitated or generally unable to deal with your financial affairs or property, this document appoints other individual(s) to act on your behalf. Without this document, your family or loved ones would need to go through a complicated and costly court process to deal with your financial affairs or property. -
How much does this document cost?
A Power of Attorney - Property/Financial through FormalWill.ca is included in the Premium Will Plus package which if $79. That’s it. No hidden fees or surprises. -
Why should I go through FormalWill.ca to make a Power of Attorney - Property/Financial document?
In developing FormalWill.ca, the site and process was developed in consultation with Canadian lawyers so you can be rest assured that you are receiving quality documents. FormalWill.ca does not provide legal advice and as such, you should consult a lawyer in your jurisdiction in the event that you are unsure if a Power of Attorney - Property/Financial from FormalWill.ca is adequate for your situation. -
How do I receive my Power of Attorney - Property/Financial document?
Upon completion of the document and payment, your document appears instantly on screen and in your account page. You do not receive any documents via mail. -
Is my Power of Attorney - Property/Financial valid anywhere in Canada?
Our documents are customized to be valid in each province or territory. FormalWill.ca is a national Canadian company that specifically serves the needs of all Canadians. -
How do I ensure that my Power of Attorney - Property/Financial is valid and legal?
You will receive signing instructions based on your specific province/territory of residence along with your completed document via email. Simply follow these easy to understand signing instructions. -
Does a Lawyer have to draw up a Power of Attorney - Property/Financial?
No. Power of Attorney documents can be drafted using a do-it-yourself service such as FormalWill.ca. However, if you feel your situation is complicated or need guidance, you may wish to seek the advice of a lawyer. -
Does FormalWill use secure payment processing?
Yes. FormalWill.ca utilizes advanced security precautions to ensure that your transaction is safe and secure. Our payment processing is provided by Stripe, one of the world’s leading payment processors. -
Do I have to file my Power of Attorney - Property/Financial with a local court office?
A Power of Attorney - Property/Financial does not have to be filed with any local court office. -
What types of things are covered in a Power of Attorney - Property/Financial created using FormalWill?
FormalWill.ca’s Power of Attorney - Property/Financial document covers a wide range of items, including:
- A clause revoking previous Power of Attorney - Property/Financial documents
- Specification of your city/town and province/territory of jurisdiction
- Appointing an Attorney who will carry out the terms of your document
- Appointing alternate Attorney(s)
- Specification of detailed powers and duties for your Attorney(s)
- Specification of liability of Attorney(s)
- Specification of restrictions on the types of powers your Attorney(s) will exercise
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Once I have completed my Power of Attorney - Property/Financial, is there a charge for any changes I may want to make later on?
Once you purchased the Premium Will Plus package, you have 1 year from the date of purchase to complete or edit your documents. You can edit your documents an unlimited number of times within the 1 year period.
Power Of Attorney - Health
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What is a Power of Attorney - Health and why do I need one?
A Power of Attorney for Health allows you to express your wishes and directions regarding your health care and to appoint individual(s) to act on your behalf for health care matters in the event that you are unable to do so. The purpose of this document is to cover situations where a Will does not apply (eg. you are still alive) such as where you are incapacitated or in a coma and cannot express your wishes or give consent to health care matters. -
How much does a Power of Attorney - Health cost through FormalWill.ca?
A Power of Attorney - Health through FormalWill.ca is included in the Premium Will Plus package which if $79. That’s it. No hidden fees or surprises. -
Why should I go through FormalWill.ca to have my Power of Attorney - Health done?
In developing FormalWill.ca, the site and process was developed in consultation with Canadian lawyers so you can be rest assured that you are receiving quality documents. FormalWill.ca does not provide legal advice and as such, you should consult a lawyer in your jurisdiction in the event that you are unsure if a Power of Attorney - Health from FormalWill.ca is adequate for your situation. -
How do I receive my Power of Attorney - Health document?
Upon completion of your document and payment, your document appears instantly on screen and will be available on your account page. You do not receive any documents via mail. -
Is my Power of Attorney - Health valid anywhere in Canada?
FormalWill.ca caters to individuals who live in all provinces and territories in Canada, and our documents are customized to be valid in each province or territory. FormalWill.ca is a national Canadian company that specifically serves the needs of all Canadians. -
What do I do after I finish my Power of Attorney - Health?
Upon completion of your Power of Attorney - Health, you will receive an instruction letter which will provide all the details about how to make your Power of Attorney - Health legal and valid. -
Does my Power of Attorney - Health have to be filed with a court office?
No. A Power of Attorney - Health document produced by FormalWill.ca is valid once you have signed it and does not need to be filed with a court office. Simply follow the easy signing instructions you receive with your document.
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Does FormalWill use secure payment processing?
Yes. FormalWill.ca utilizes advanced security precautions to ensure that your transaction is safe and secure. Our payment processing is provided by Stripe, one of the world’s leading payment processors. -
What types of things are covered in a Power of Attorney - Health?
Using our proprietary technology, your document covers a wide-range of items including the following:
- A clause revoking previous Power of Attorney - Health documents
- Specification of your city/town and province/territory of jurisdiction
- Appointing an Attorney who will carry out the terms of your document
- Appointing alternate Attorney(s)
- Your wishes regarding life support options
- Your wishes regarding organ donation
- Your wishes on various medical treatments
- Specification of detailed powers and duties for your Attorney(s)
- Specification of liability of Attorney(s)
- Specification of restrictions on the types of powers your Attorney(s) will exercise
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Once I have completed my Health Care Power of Attorney/Living Will, can I make any changes later on?
Once you purchased the Premium Will Plus package, you have 1 year from the date of purchase to complete or edit your documents. You can edit your documents an unlimited number of times within the 1 year period.