Estate Planning
Jun 27, 2024
How Family Trusts Work in Canada
Explore how family trusts can reduce tax liabilities and possibly defer probate, offering a secure future for your loved ones. Find out how to set one up in Canada.
While it’s understandable that people may want to hire a professional to set up a document as important as their will, a lawyer is not needed to ensure that your will is legally binding. There are plenty of other options in British Columbia, including low-fee or free will kits—meaning templates and computer-generated documents—and advisors like us to make sure your will covers all of your bases.
Of course, if you have a particularly complex estate or want to create multiple wills in order to cover different businesses you may have, then it may make sense to consult with an estate lawyer who’s familiar with your situation. In most cases, however, you can certainly use a will kit if you want to.
We regularly share relevant information about wills and estates.
As long as your will is drafted correctly, a will created with a will kit is legally binding. A will is considered legally binding if :
While will kits are an easy and low-cost solution for many people, it’s worth keeping in mind that they’re often best for simpler, more straightforward estates since they tend to be templates. If you have specific questions or if your estate is a bit more complicated, get in touch with us for expert advice at the fraction of the cost of an estate lawyer.
Get free, personalized guidance from our estate specialists who have guided over 10,000 families through probate. Book a free, no hassle and confidential consultation today.
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