Everything you need to know about wills

Whether you're a newbie venturing into the realm of estate planning or looking to refine your existing will, these guides will provide you with the information you need to secure your loved ones' futures and give yourself peace of mind.

Illustration of two women playing and typing on an owersied typewriter.

How to Properly Update Wills in Canada?

3 min read

In the ever-evolving journey of life, a will stands as a testament to one's wishes for assets and dependents. Yet, with changing circumstances, how does one ensure this document remains current and legally sound? This article delves deep into the importance of wills in Canada, highlighting the events that might trigger a need for updates. From the simplicity of codicils to the comprehensive clarity of drafting a new will, get insights into the best practices and legal intricacies of keeping your will up-to-date.

Written by

Willfinity

Willfinity Team

The Importance of Discussing Wills: A Guide for Canadian Families

6 min read

In the ever-evolving landscape of life, discussing end-of-life wishes emerges as both a personal and societal imperative. This guide sheds light on the legal ramifications of wills in Canada, best practices for broaching the topic with family, and the broader societal implications of such preparedness. Beyond legalities, it emphasises the emotional quotient and the ripple effect on society. As technology reshapes this domain, holistic planning becomes paramount. This article serves as a comprehensive primer for Canadians.

Written by

Willfinity

Willfinity Team

How much does it cost to write a Will in Canada?

7 min read

Whether you're just starting your estate planning journey or revisiting an existing will, understanding the associated costs and legal intricacies is crucial. This comprehensive guide delves into the various options available for Canadians to draft their wills, from cost-effective DIY solutions to expert legal counsel. Additionally, it covers essential considerations like digital assets, tax implications, and executor selection, providing Canadians with the knowledge they need to navigate estate planning confidently.

Written by

Uros Obradovic

Co-Founder

Wills in Canada: Addressing Your Debt After Death

8 min read

In the intricate dance of death and debt, Canadians often find themselves seeking clarity. This comprehensive guide unravels the complexities of wills, debts, estate planning, and the executor's pivotal role in Canada. Understand the modern Canadian's relationship with debt, from mortgages to student loans. Discover the legal processes of estate administration and the importance of proactive planning. Designed to inform and empower, this article is a beacon for those navigating the challenging terrain of posthumous financial responsibilities.

Written by

Willfinity

Willfinity Team

Is Notarization Required for a Will in Canada?

3 min read

Wills are pivotal legal documents that dictate the distribution of assets after one's passing. In Canada, a common query surrounds the necessity of notarization. Our guide dives deep into Canadian will-making practices, debunking myths and clarifying requirements. Learn the hallmarks of a legally sound will, the importance of witnesses, the unique status of handwritten wills, and the optional step of notarization. Equip yourself with knowledge and ensure that your last testament stands firm in its intent and legality.

Written by

Uros Obradovic

Co-Founder

The Ins and Outs of Will Creation for Business Owners

4 min read

As Canadian entrepreneurs navigate the complexities of business, estate planning often surfaces as a pivotal concern. At Willfinity, we've created a guide that demystifies the process of will creation for business owners. Dive into our article to understand the unique "carry on business" clause, the nuances of corporate wills, and the importance of business succession planning. Our guide, tailored to the Canadian context, is designed to empower entrepreneurs with the knowledge they need to make informed decisions.

Written by

Willfinity

Willfinity Team