Importance of a Will

Once again, this will require some frank and open discussions that should include all interested parties. This personal record keeper can be a great starting point to facilitate these discussions. Complete the personal record keeper together with your parent to identify important information that can be shared with other family members, including your parents’ executor or executrix.

Legal challenges may mount even with a properly structured Will. It is advisable to hire a competent lawyer to assist in creating or amending a Will. Dispositions of assets and Wills are a provincial/territorial concern and there may be particular issues that need to be dealt with. Particularly with larger estates it is extremely important to ensure that all your parent’s affairs are in proper legal order. We may be able to refer you to a business contact who can help your parent with updating or drafting a Will.