Estate Planning
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Discover how much a will costs in Alberta, from DIY kits to lawyer fees, and find the best option for your estate planning needs.
According to a 2021 Canadian Lawyer Magazine's legal fees survey, the average cost of a simple will drafted by an estate lawyer in Alberta is $816.
However, prices can range from $20 for a basic DIY will kit to over $4,000 for complex estate planning.
The Alberta Wills and Succession Act governs the creation and execution of wills in the province, ensuring that your final wishes are legally recognized by the Alberta Surrogate Court.
Average Costs for Final Will Documents in Alberta (2021 Survey Data):
Source: Canadian Lawyer Magazine's 2021 legal fees survey
Use the calculator below to estimate the cost of creating a will based on your province and the type of will you need:
Note: This is an estimate based on 2021 survey data. Actual costs may vary.
Anecdotally, from first hand accounts on Reddit - some Calgarians report buying their Will packages for $500 and upwards of $1,000: see here
The price of creating a will isn't one-size-fits-all. Several factors can impact the overall cost, making it important to consider your unique circumstances when budgeting for this essential document.
The more complex your estate, the more likely you are to incur higher costs when creating your will. This is because additional time and expertise are often required to properly address all aspects of a complicated estate. Factors that can increase complexity include:
Multiple properties, investments, or business interests can increase costs.
Special provisions like trusts or guardianship arrangements may require additional work.
The method you choose for preparing your will significantly impacts the cost. Each option offers a different balance of price, convenience, and personalization:
Costs vary depending on whether you hire a lawyer, use a DIY kit, or an online platform.
Each method offers different levels of service and pricing.
Answer a few simple questions, and we'll provide personalized recommendations tailored to your unique situation. Protect your legacy and ensure your wishes are honoured.
1. What is your marital status?
2. Do you have children?
3. What is the estimated value of your assets?
4. Do you own a business?
5. Do you have specific charitable giving plans?
6. Are you concerned about potential incapacity or end-of-life decisions?
Note: These recommendations are based on general guidelines. For personalized advice, please consult with an estate planning professional.
To help you understand your options, here's a detailed comparison of will creation methods in Alberta:
While DIY and online options are more affordable, they may not be suitable for complex estates. Lawyer-drafted wills offer personalized advice and ensure compliance with the Alberta Wills and Succession Act.
When budgeting for your will in Alberta, consider these potential additional costs:
To ensure your will is recognized by the Alberta Surrogate Court, it must meet these requirements:
These requirements are set out in the Alberta Wills and Succession Act, which governs will creation in the province.
When deciding how to create your will in Alberta, consider:
Remember, while cost is an important factor, ensuring your will is legally valid and accurately reflects your wishes is crucial for protecting your estate and beneficiaries in Alberta.
The cost of a will in Alberta varies widely, from $20 for a basic DIY kit to over $4,000 for complex lawyer-drafted wills.
Choose the option that best suits your estate's complexity, budget, and legal needs. Remember, while cost is important, ensuring your will is legally valid and accurately reflects your wishes is crucial for protecting your estate and beneficiaries in Alberta. Invest wisely in your will to secure your legacy and provide peace of mind for you and your loved ones.
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