What do I have to do to before I draft my Will and Estate Planning Documents in Nova Scotia?

/ Highlander Law Group/
What do I have to do to before I draft my Will and Estate Planning Documents in Nova Scotia?

A common question we get when people contact us about starting the process of drafting their Will or estate planning is “What do I have to do before I come in?”  The short answer is nothing.  At our firm, when we help people with their estate planning we don’t require any sort of forms to be filled out in advance, nor do you have to compile a laundry list of bank account numbers or balances

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Duties of the Estate Executor in Nova Scotia

/ Highlander Law Group/
Duties of the Estate Executor in Nova Scotia

The Executor of an estate is appointed under the Will to “Administer” the estate. Some of the responsibilities of the Executor during the administration of the estate include:

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Why Do I Need a Will in Nova Scotia?

/ Highlander Law Group/
Why Do I Need a Will in Nova Scotia?

Why do I need a Will?

It is important to explain the general purpose of Wills before outlining the reasons why you should consider getting one. A Will is your opportunity to decide what you would like to happen with your assets at your death. Generally, your Will can provide for an immediate distribution of your assets to your chosen beneficiaries (friends, family, and charities) or the distribution can be delayed using “Trusts” (a topic for another day).

There are four primary reasons why you should have a Will:

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What is Probate in Nova Scotia?

/ Highlander Law Group/
What is Probate in Nova Scotia?

A somewhat alarming statistic is that nearly 50% of adult Canadians do not have a valid Will. Drawing from that, I am going to imagine that an equally large number of people in Nova Scotia are unfamiliar with probate. This blog will take a look at what probate is and why many people would wish to avoid it.

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Consequences for Your Loved ones if you Die Without a Will in Nova Scotia

/ Highlander Law Group/
Consequences for Your Loved ones if you Die Without a Will in Nova Scotia

A common (and troubling) statistic is that approximately 50% of adult Canadians do not have a valid Will.  The reasons why people haven’t yet prepared their Wills are varied but I’ll suggest one of the more important is that they don’t understand the consequences of dying without one.

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