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Without
a proper Will:
- Ontario
law decides who gets the things you worked so hard
for.
- There's
no guardian appointed for your minor children.
- Disabled
beneficiaries may lose their government benefits.
- There's
no protection for your children's inheritance in case
they separate or divorce.
- Under
current laws, common law or same sex partners will
not inherit from your estate.
- If
you are separated, your separated spouse may inherit
from your estate.
- Your
children will get their inheritance at the age of
18 regardless of their level of maturity. Until that
time, the government will be in control of their inheritance.
If your children require funds for their education,
medical care, etc. an expensive court application
may be required.
If
you used a Will kit, beware! Here is the warning on
one of the popular Will kits:
"Accordingly,
none of the author, publisher or other marketing or distribution
agents are able to warrant the validity of a Will made
by you using this kit."
Some
Will kits are prepared outside of Ontario and may not
reflect Ontario law.
Contact
the law firm Fish & Associates for a free Will review.
Read articles about the importance of a Will
article 1 | article 2 |
article 3 |
article 4 |