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

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

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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Why Do I Need a Will?

Why Do I Need a Will?

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?

What is Probate?

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

Consequences for Your Loved ones if you Die Without a Will

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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