
What Are the Types of Wills in Ontario?
Choosing the right type of will is crucial to ensuring your estate is distributed according to your wishes. But remember, a will is not the same as an estate plan which takes into consideration tax planning.
Choosing the right type of will is crucial to ensuring your estate is distributed according to your wishes. But remember, a will is not the same as an estate plan which takes into consideration tax planning.
The cost of a will in Ontario depends on several key factors: the complexity of your estate, whether you use a lawyer or DIY tools, and the level of professional advice required.
A Living Will in Ontario is a written statement that outlines the medical care you want—or don’t want—if you become unable to speak for yourself.
Thinking about making a will can feel overwhelming. In this post we’ll provide a checklist that will help you if you’re making a will in Ontario. Just keep in mind that a will is not the same as an estate plan.
Yes, you can write your own will in Ontario, but mistakes can make it invalid. Ensure it’s legally sound with proper signatures or seek professional advice.
Find out how much a will costs in Ontario—DIY vs. lawyer fees—and why professional guidance can safeguard your estate’s future. Secure your final wishes!
A living trust is a legal document that takes effect during your lifetime, allowing you to manage and distribute your assets without going through probate.
While wills are more common, the use of trusts is steadily growing in Canada, especially among individuals with significant assets or unique family dynamics.
A living trust allows you to avoid probate, maintain privacy, and manage your assets during your lifetime. A will is simpler and ensures your final wishes are carried out, such as appointing guardians for minor children. The right choice depends on your financial situation and goals—for many, a combination of both is ideal.
SWPP helps families and business owners in Ontario with comprehensive estate planning.
SWPP’s Living Estate Plan service ensures Ontario families have an estate plan or living trust that protects their assets from unnecessary taxes and fees, including probate.
16 Industrial Parkway South, Suite 609, Aurora, ON, L4G-0R4