Last Will and Testament - Canada
LegalVersion app can be used to create a custom-made Last Will and Testament in Canada (except Quebec). Our detail instruction guide you through each step of online form, The app validate your data and give you the option to save your form in the middle and complete later.START
Last will and testament is a legal declaration by a person for the distribution of his or her property at death. Our online application guide you to complete, validate and generate pdf file for your last will and testament. Your Last Will and Testament will be customized for your provenience, This product is designed for clients from all Canadian provinces and territories (Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia Ontario, Prince Edward Island, Saskatchewan, Northwest Territories, Nunavut, Yukon) except Quebec,
Your final document can be signed in front of witnesses to become a legally binding document. Notary public service (additional fee) is also available to seal your legal documents
Purchased and Free versions are available
- Templates are reviewed and updated by local lawyers
- Step by step instruction
- Data validation on critical items
- Save your form in middle and complete later
- Additional feature of purchased version (Recommended)
- Comprehensive template which covers detail legal sections for your need
- Ability to modify your document after completion in one year
- Check list and warning for common issues
- Email support
Last will and testament is a legal document by which a person, the testator, declares one or more persons (executors) to manage his or her estate and provides for the distribution of his or her property to beneficiaries at death
If you die without a Will, your property and asset will be distributed by a court-appointed administrator.
In most jurisdictions you must be at least 18 years old to make a Will
It is up to you to decide when to update your Will. You may review your Will from time to time, you may update your will in following events:
Marriage or divorce (a change in marital status may void your Will)
The amount of money and property you own changes
Your executor or a beneficiary in your Will dies
There is a birth or adoption of a child in your family
Note: In the case of complicated estate, it may be best to have an attorney help you write the last will and testament.
A - Personal information Testator is a person who has made a will, put your information such as your legal name, location and email address, you will receive pdf version of your will through your email.
B - Family member You clarify your family detail to prevent any discrepancy if your will challenge by court, Please still specify your family detail even if you don't want to put them as your beneficiaries, Not putting your first family members as your beneficiaries is not recommend and can be challenged by court unless you have strong reason such as mental illness, drug addiction which you can create trust or add additional clause to guide your executors.
C - Executor An executor is a legal term referring to a person named by the maker of a will (testator) to carry out the directions of the will. Typically, the executor is the person responsible for offering the will for probate, although it is not required that he/she fulfill this. If the primary executors are unable or unwilling to fill the role then alternate executors act as primary executors.If the primary executor accepts the position the alternate has no role. it can be helpful to have more than one executor to share the load or to bring expertise. however Multiple executors can result in conflicts over decisions concerning your estate, which can keep your assets in limbo. It is very important that you include a method of conflict resolution in your Will under additional clause section.
D - Beneficiary A beneficiary is a person or group designated as the recipient of funds or other property under your will..
E - Estate residue bequest The residue of the estate is what is left after payment of debts, funeral expenses, executors fees, taxes, legal and other expenses incurred in the administration of the estate, and after any gifts of specific assets or specific sums of cash. If you distribute your estate residue among multiple beneficiaries, ensure the total percentage not exceed from 100%.
F - Specific bequest is a gift of personal property to give to your beneficiary(s) under the terms of your will. You can also make your bequest conditional.
G - Pet bequest is a gift (amount) to give to your pet under the terms of your will.
H - Additional clause you can add additional clauses to your will if it is not covered in previews sections, please check if you need to specify.
Guardian is a person that you appoints to look after your minor children when you die.
Alternate beneficiary is named in case the beneficiary refuses the bequests or dies at the time of will's bequests distribution.
Instructions for your funeral - You can include your wishes for your funeral in your Will.
Testator is a person who has made a will.
Executor is a person who distributes your assets and manages your wishes according to your will when you die.
Alternate executor will take on the role of your primary executor if your primary executor is unable to act.
Beneficiary is a person or group who you wish to give them your assets when you die.
Estate residue bequest is your total asset include your properties, cash, stock ... after tax, fees and common expenses paid.
Specific bequest is your wish to give specific items to your beneficiary.
Pet bequest is your wish to give to your pet.
Additional clause is any wish you want to include in your will which is not covered by previews sections.