Your Guide For How To Make A Will In Canada
According to a recent Scotiabank survey, 2 out of 3 Canadians aged 30-45 don’t have a will. Making a will might feel daunting, but it’s one of the most impactful steps you can take for peace of mind, for you and the ones you love.
There are a few different ways to make a legal will:
- you can handwrite one
- use a DIY kit
- create one online with a platform like Willful
- or work with a lawyer.
Your will is where you make important decisions, like who will carry out your wishes (your executor), who will inherit your assets, and who will care for your children or pets. You can even include your preferences for a funeral or celebration of life.
To make it official, your will needs to be signed in front of two witnesses and kept as a physical copy (if you live in B.C. digital wills are also available).
The best part? The whole process can be done in just seven straightforward steps and often takes less than 20 minutes.
This article breaks down everything you need to know about making a will in Canada, and how to decide which one best suits your needs.