Vaughan & Woodbridge Law Firm Will Planning Ontario

400 Applewood Crescent, Unit 100

Vaughan, ON L4K 0C3

416-730-2835

Free Phone Consultations

9am to 11pm, 7 days

Choose the best law firm for will planning in Vaughan & Woodbridge

We understand that choosing a lawyer to represent you is a crucial step in ensuring your family's future is protected. Our team of wills lawyers in Vaughan & Woodbridge empathizes with your situation.

We listen to your unique needs and work with you to determine how your assets will be distributed after your passing. Moreover, we provide you with a power of attorney document for both Property and Personal Care, so you can rest easy knowing everything is taken care of.

Understanding the Importance of Will Planning in Vaughan & Woodbridge.

Creating a will is the process of legally documenting your wishes regarding the distribution of your assets and the care of your dependents after you pass away.

If you have children, a will allows you to choose a guardian to take care of them in the event of your and your spouse's death. Properly planning your will can help minimize potential probate issues, ensuring a smooth transfer of assets to your beneficiaries.

By clearly defining the distribution of assets, you can ensure your family members receive their fair share. A well-prepared will can ease financial burdens for your loved ones and help ensure their future stability. We can assist you in determining the best course of action to safeguard your assets and plans for the future.

Legal Requirements for a Valid

Will in Vaughan & Woodbridge Ontario, Canada

A. Testamentary Capacity

To create a valid will in Ontario, you need to have testamentary capacity, which means that you should be of sound mind and understand the consequences and nature of making a will.

B. Signing and Witnessing

In addition to being written, a will in Ontario must be signed by the testator and witnessed by at least two witnesses who are not beneficiaries of the will or their spouses. The witnesses must also be present when the testator is signing the will.

C. Revocation and Amendment

A will can be amended or revoked at any time. It is important to update your will if you experience significant changes in your life such as divorce, marriage, or the birth of a baby. You can consult a will law firm in Vaughan & Woodbridge to make sure your will is

up-to-date.

Ontario Will Planning FAQ

What happens if I don’t have a will?

It's crucial to understand that when a person passes away without leaving a Will, they die intestate. In such instances, the distribution of assets is determined by a strict legal formula based on intestacy laws, which is used by the Courts.

It's imperative to have a Will, as without one, you won't have any say in who manages your estate or is appointed as a guardian for your children under the age of eighteen (18).

If you don't have a Will, any family member can apply to the court for letters of administration, which will give them the legal authority to act as your Executor and manage your estate. So, it's highly recommended to have a Will in place to avoid any complications and ensure that your wishes are followed through.
If I get married or divorced, does that affect my will?

If you create a Will and then get married, the Will is usually canceled or revoked, but only if it was written in anticipation of your marriage.

If you get divorced after creating a Will, any gifts you made to your former spouse are canceled or revoked. In addition, any appointment of your former spouse as executor, trustee, or Guardian is also canceled. However, this rule does not apply if the Court determines that you did not intend to cancel a gift or appointment by divorcing.

If your marital situation changes or you want to revise your Will, it is recommended that you seek the advice of our team.
What happens to any old wills?

It is crucial to locate and handle old Wills properly, whether by collecting them, destroying them, or notifying the holders of a new Will.