Writing a will without a lawyer in Canada in 2023 is easier than ever thanks to the availability of online will platforms. In this blog post, we'll walk you through the process of writing a will step by step, so you can ensure that your final wishes are carried out.
Step 1: Identify Key People Involved
The first step in writing a will is identifying the people who will be involved in the process. This includes naming an executor, who will be responsible for managing your estate and distributing your assets according to your will. You should also consider naming beneficiaries, who will inherit your assets, as well as a guardian for any minor children you may have.
Step 2: Communicate Your Wishes
It's important to have open and honest conversations with your loved ones about your end-of-life wishes. Discuss topics such as funeral arrangements, asset distribution, and any specific requests you may have. This will help ensure that everyone is aware of your wishes and can help prevent disputes after you pass away.
Step 3: Compile a List of Assets
Before you sit down to write your will, take the time to compile a comprehensive list of your assets. This can include property, investments, bank accounts, personal belongings, and any other possessions of value. Having a clear understanding of your assets will make it easier to determine how you want them to be distributed.
Step 4: Follow the Instructions on an Online Will Platform and Customize
Online will platforms like LegalDeeds will ask you all the necessary questions to generate your will. The online will form will need details like your name, address, and the names of your beneficiaries. All data is securely stored.
LegalDeeds wills only cost $50 and every order comes with a full-refund satisfaction guarantee!
Step 5: Print Your Will
LegalDeeds wills are sent as PDF files within seconds of paying. You will need to print out a copy of your will because only the original paper copy is legally valid in most provinces.
Step 6: Sign and Store Your Will
Once you've completed your will, you'll need to sign it in the presence of two witnesses. The witnesses should not be beneficiaries named in the will, and they should be of legal age and mentally competent. It's important to store your signed will in a safe place where it can be easily accessed when needed. Make sure to tell your executor where the will is stored so they can find it after you pass away.
Writing a will without a lawyer in Canada is a straightforward process that can be easily accomplished using online will platforms. By following these steps, you can ensure that your final wishes are clearly outlined and legally valid.
Remember, it's always a good idea to review and update your will periodically, especially if there are significant changes in your life circumstances. This will ensure that your will remains up to date and accurately reflects your wishes. Writing a will online without a lawyer is an affordable way to update your will long-term.