In the province of Ontario, we recognize two types of Wills: Formal Wills and Holographic Wills. The first, a Formal Will, is the most common type of Will. This document is usually typed out and drafted by a lawyer, and dated and signed with two...
Two wills are often used to divide assets that require probate from those that do not. This is so that the probate tax will be calculated only on the value of assets in the first will. In other words, dual wills allow people to limit...
Many people mistakenly think that the government takes your assets and estate if you die without a will. This is not true. There are laws that govern what happens when someone dies without a will. While it is always preferable to have a will to express...
