What do you give up when you do not have a Will?

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What do you give up when you do not have a Will?

RMS Estates Law
May 6, 2020

A poll executed by CTV News in 2018 reveals that 51% of Canadians do not have a will¹. Not having a will means being satisfied the distribution of your assets in accordance with the existing intestate law, and not in accordance with your wishes. Here are the things you give up by not having a will:

You do not choose your beneficiaries;
You do not choose what percentage of your assets go to a certain person/institution;
You do not choose who will administer your estate;
You do not give any money to your favorite charity;
You do not choose a guardian for your children.

If this article made you think about getting a will, I would love to help!

PLEASE NOTE THAT THE CONTENT OF THIS BLOG IS MERELY FOR INFORMATION PURPOSES AND DOES NOT CONSTITUTE LEGAL ADVICE.

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