WHY MAKE A WILL?

A Will specifies what happens to your estate, including all property and assets, once you are deceased. It has no practical application while you are alive but becomes highly relevant and extremely important, especially to the loved ones left behind, when you die. Having a carefully prepared will is an expression of your love and care for your family once you are deceased. You can change it any time as long as you are competent and use the services of a licensed professional lawyer.

Every adult in the Greater Toronto Area should make a will because:
  1. You want to specify which of your family members, friends, or professional associates should be your Executor and Trustee, the person(s) who make decisions and sign papers after you have died.
  2. You want to specify who should get custody of your children.
  3. You want your grandchildren to take the share of one of your children who predeceases you.
  4. You want to give broad powers to your Executor and Trustee to exercise a careful discretion.


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