Do I need a Will?
What if I don't have a Will?
Can I avoid making a Will by owning everything jointly?
What about handwriting my Will or using a standard Will form from a store?
Do I need a Will?
If you have a Will, you can:
- decide who benefits from your estate (if you have dependants at the time of your death, there are special considerations and possible limits);
- give items to certain individuals;
- provide for a common law spouse, step-children or children of a common law relationship who are not related to you by blood;
- make special provisions for a handicapped relative;
- choose your Estate Trustee (formerly called an "Executor");
- choose who will be the guardian of your minor children and who will look after their assets;
- decide the age at which children or others are to receive their share of your estate;
- ensure flexibility in the administration of your estate;
- reduce the cost of administering your estate;
- reduce income taxes, particularly if you die leaving a spouse behind.
More questions?
If you have other questions or if you would like more information about Wills, please call us at (613) 836-9915, ext. 0 and arrange for a free half-hour consultation.
Estate Planning | Estate Admin | Elder Law | Individual w/Disability
NEFF LAW OFFICE PROFESSIONAL CORPORATION, 1869 Maple Grove Road
Stittsville (Ottawa), ON, K2S 1B9 Canada
Tel: (613) 836-9915 * Fax: (613) 836-7123 *
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