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wills: Wills & Estate Lawyers

A question frequently posed to us is, “Why is having a Will important?” Establishing a Will can help pre-empt conflicts among your family members and loved ones. It provides a means to ensure that your desires are honored and that your estate is managed and apportioned according to your wishes.

In the event of your passing without a Will, you will be deemed to have passed “intestate,” and the Ontario Succession Law Reform Act will dictate the beneficiaries of your estate. This could deviate from your intentions. For instance, if you have a spouse and underage children, your spouse might not inherit your entire estate if you lack a Will.

A Will empowers you to nominate your estate trustee (also referred to as executor) and your beneficiaries. It grants you the ability to determine the age at which a minor is entitled to inherit and designate a guardian for any underage children.

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