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Blog - May 26, 2018

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Articles related to estate planning documents in Canada

Canada

Making a Will in Canada – the Complete Guide to your Options

What is the purpose of a Will? Your Last Will and Testament allows you to speak after you have passed away. It does absolutely nothing and has no powers whatsoever all the time you are alive. But as soon as you die your Will has two key functions: it allows you to make key appointments […]

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Mirror Will – What is it? When should I use it? Is it right for me?

What is a Mirror Will? A Mirror Will is actually two Wills, usually created by partners or married couples. The two Wills typically name each partner as the main beneficiary of the other partner’s estate. There may be other specific gifts within the Will, such as gifts to charities, but the two Wills look identical […]

The post Mirror Will – What is it? When should I use it? Is it right for me? appeared first on The Canadian Legal Wills Blog.

Setting up a Pet Trust: who cares for your pet after you are gone?

According to a recent survey conducted by BMO Bank of Montreal, 89 percent of Canadians consider their pets to be a member of their family. It stands to reason then that most people would want to ensure that somebody looks after their pet after they are gone. But hardly any Canadians have set up a […]

The post Setting up a Pet Trust: who cares for your pet after you are gone? appeared first on The Canadian Legal Wills Blog.

The specific grounds to challenge a Will in Canada

How to Contest or Challenge a Will For many of us the loss of a family member is a very upsetting and stressful time, and we are not always thinking clearly during this emotional state. As a result, there are often times when an estate is distributed but some beneficiaries feel that it has not […]

The post The specific grounds to challenge a Will in Canada appeared first on The Canadian Legal Wills Blog.

It doesn’t matter how young you are, you need a Will.

I’m young – do I need a Will? You need a Will. In fact, there is never a circumstance where planning to not have a Will is a good idea. Dying without a Will is not a strategy, no matter how old or young you may be, you need a Will. On a daily basis […]

The post It doesn’t matter how young you are, you need a Will. appeared first on The Canadian Legal Wills Blog.

Preparing a Last Will and Testament – top ten reasons why you need one now.

There have probably been a number of situations in your life when you have thought, “I should be preparing a Last Will and Testament.” And for some reason or another you have never actually taken the steps needed to update or create your Will. Don’t feel too embarrassed, because you are certainly not alone. In 2016 […]

The post Preparing a Last Will and Testament – top ten reasons why you need one now. appeared first on The Canadian Legal Wills Blog.

Write a Will in Canada: the complete guide to our Canadian Legal Wills

Learn to write a Will at LegalWills.ca An increasing number of Canadians are turning to services like the one at LegalWills.ca to write a Will. But every day we received requests from our customers to clarify a term, or clause in their Will. Usually this request comes with an apology for their lack of understanding, and […]

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Have you “Made a Will”? Make it your New Year’s Resolution.

It is that time of year again. The time when we all make New Year’s Resolutions for things that we know we really ought to do, but never quite get around to. We all know the popular ones. Go to the gym, lose weight, spend more time with our family. However, there is one New […]

The post Have you “Made a Will”? Make it your New Year’s Resolution. appeared first on The Canadian Legal Wills Blog.

When you die, what happens to your Facebook and social accounts?

What Happens to Your Facebook Account When You Die? When we are making a Will, we know that we must think about our personal assets such as our house, money and possessions. However, have you ever stopped to think about what would happen to your social media accounts? Facebook has almost 1.8 billion users. You […]

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Why do most people avoid writing a Will?

Why Do Most People Avoid Writing a Will? Why do most people avoid writing a Will? Recent headlines suggest that people can avoid paying taxes for a considerable period. You just have to know your way around the system. However, none of us can cheat death forever. “In this world nothing can be said to […]

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U.S. Legal Wills Blog RSS Feed

Articles related to estate planning documents in the United States

United States

Clients need a Will? Affiliate opportunities at USLegalWills.com

Addressing the Will writing gap for your clients Do you work in an industry that promotes Will writing for your clients? Maybe you are in finance, or insurance, or the funeral industry. Perhaps you work for a charity that promotes the idea of planned giving in one’s estate plan. Maybe you just work in the […]

The post Clients need a Will? Affiliate opportunities at USLegalWills.com appeared first on The U.S. Legal Wills Blog.

Want to contest a Will? How can a Will be challenged?

Feeling left out? Can you contest a Will? My uncle promised me his car, but he’s died and the Will says nothing about the car. Do I have a right to it? How can I contest a Will? This happens a lot. Somebody dies, the Will is published for all to see, and it doesn’t […]

The post Want to contest a Will? How can a Will be challenged? appeared first on The U.S. Legal Wills Blog.

How do I know when to Write a Will? Am I too young?

Last year, we commissioned an independent study which showed that only 28% of Americans had a legal, up-to-date Will in place. Even if we took out the under 35’s from this survey, it showed that around two thirds of Americans did not have an up-to-date Will in place. The results clearly showed that most people […]

The post How do I know when to Write a Will? Am I too young? appeared first on The U.S. Legal Wills Blog.

How do you name guardians for children? – your Last Will and Testament

Why you should name guardians for children Many people think the time to make a Will is when they’re old and two steps from the grave. That is not the case. Whenever anyone begins to acquire assets or income, they should think about a Will. On the personal side, whenever anyone becomes a parent, they […]

The post How do you name guardians for children? – your Last Will and Testament appeared first on The U.S. Legal Wills Blog.

Planned giving: the state of charitable bequests in the US

“A note on Privacy: the protection and security of the documents created on our web site are of critical importance. In particular, we cannot access any information contained in a specific Will, nor can we read a person’s Will. However, we are able to access aggregated data on planned giving from an encrypted database folder […]

The post Planned giving: the state of charitable bequests in the US appeared first on The U.S. Legal Wills Blog.

Why you need a Will – and why your excuses make no sense.

It seems that the subject of making a Will is something that most people simply want to avoid as much as possible. Every survey ever done about the topic shows that the majority of adult Americans have not made a Will. We just avoid the subject and dig our heads in the sand. But you […]

The post Why you need a Will – and why your excuses make no sense. appeared first on The U.S. Legal Wills Blog.

Notorious Wills of the Rich and Famous

The lifestyles of the rich and famous are endlessly fascinating. Sometimes they become even more fascinating when they are no longer with us. You would think that the privileged among us would have it all sorted out when it comes to estate planning and wills. However, as you will see from these notorious cases, all […]

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Choose a Guardian for your children – Your Last Will and Testament

One of the most important questions that you must ask yourself when you are making a Last Will and Testament is how to choose a guardian for your children. None of us ever want to think that we won’t be around to care for our children until they are adults. However, sometimes that becomes a reality. […]

The post Choose a Guardian for your children – Your Last Will and Testament appeared first on The U.S. Legal Wills Blog.

The Free Last Will and Testament service – not all it seems

How much should you be paying for a Will? Why should you pay anything when just a few clicks away, you can find a free Last Will and Testament service? How can the exact same document cost $800 from an attorney, and absolutely nothing from a website? how do you choose how much to pay […]

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Pets in a Will – how do you make sure that your pets are cared for?

Should You Make Provision for Your Pets in a Will? We have all seen the stories of eccentric millionaires who leave their fortune to their pets in a Will. Their relatives are cut out of the Will, but Fido receives a very generous legacy. But it’s not as easy as you may think to leave something to […]

The post Pets in a Will – how do you make sure that your pets are cared for? appeared first on The U.S. Legal Wills Blog.


U.K. Legal Wills Blog RSS Feed

Articles related to estate planning documents in England and Wales

United Kingdom

The Mirror Will explained – What is it? and how do you make one?

What does a Mirror Will mean? A Mirror Will is actually two Wills, usually created by spouses or partners, that names each other as the main beneficiary, with each Will having a backup plan in case both partners are involved in a common accident. It is one of the most common approaches for couples when […]

The post The Mirror Will explained – What is it? and how do you make one? appeared first on The U.K. Legal Wills Blog.

Do I need a Will if I have no assets? Yes. A Will does so much more.

At LegalWills.co.uk, one of the most frequent questions we hear is “Do I need a Will?”. When the answer is “yes”, we then hear the familiar response “But, I don’t own anything?” If only things were that simple…. British wealth In 2014, the average net worth of a British adult was £147,134.  Now, depending on the […]

The post Do I need a Will if I have no assets? Yes. A Will does so much more. appeared first on The U.K. Legal Wills Blog.

Six common estate planning mistakes – getting your Will right.

Six Common Estate Planning Mistakes Estate planning is a critical part of financial planning, but a task that often never quite makes it to the top of your To Do list. Having your final wishes clearly set out can relieve your loved ones of unnecessary stress and financial burdens. To help you along your estate planning […]

The post Six common estate planning mistakes – getting your Will right. appeared first on The U.K. Legal Wills Blog.

Review of UK Online Will services – your guide to the best.

Will writing options Before the advent of online Will writing services there were two general approaches to writing a Will. Going to a solicitor, or writing your own Will on a piece of paper. These two approaches were diametrically opposite. A solicitor would be able to provide you with legal advice, and potentially write custom clauses […]

The post Review of UK Online Will services – your guide to the best. appeared first on The U.K. Legal Wills Blog.

Planned Giving – Which charities are included in Wills?

“A note on Privacy: the protection and security of the documents created on our web site are of critical importance. In particular, we cannot access any information contained in a specific Will, nor can we read a person’s Will. However, we are able to access aggregated data from an encrypted database folder that summarizes the […]

The post Planned Giving – Which charities are included in Wills? appeared first on The U.K. Legal Wills Blog.

An Executor for your Will – how to make the best appointment

How to Choose an Executor for Your Will One of the most important estate planning decisions that you must think about is how to choose an executor for your Will. Surprisingly, many people do not give much thought to just how important an executor is. Often the task I given to a family member without […]

The post An Executor for your Will – how to make the best appointment appeared first on The U.K. Legal Wills Blog.

Digital assets as part of your estate plan – caring for your online accounts

Digital Assets – What You Really Need to Know Have you thought about how your digital assets would be dealt with after your death? It is something which you can easily overlook when you are making a Will. It is easy to think about houses you own, bank accounts and personal property. However, digital assets are often […]

The post Digital assets as part of your estate plan – caring for your online accounts appeared first on The U.K. Legal Wills Blog.

Estate planning and divorce – What you really need to know

Divorce is a very stressful time and there are many things that you need to think about. One of the most crucial things that you need to address as soon as you decide to separate is estate planning and divorce. You may already have a Last Will and Testament, but you need to change it. […]

The post Estate planning and divorce – What you really need to know appeared first on The U.K. Legal Wills Blog.

How do you choose an Executor for your Will?

How to Choose an Executor for Your Will Are you struggling with the question of how to choose an Executor for your Will? The role of an Executor is a very important one. You need to make sure that you are making a wise decision. Your Executor will be trusted to take care of the […]

The post How do you choose an Executor for your Will? appeared first on The U.K. Legal Wills Blog.

Estate Plan – the seven critical documents that you need

You may have heard of the term “estate plan”. Perhaps you know it has something to do with your Last Will and Testament. But what exactly is an estate plan and how do you set one up? In short, an estate plan is a set of documents that allow you to control your health and […]

The post Estate Plan – the seven critical documents that you need appeared first on The U.K. Legal Wills Blog.