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Blog - April 20, 2019

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Articles related to estate planning documents in Canada

Canada

A Power of Attorney – The complete Canadian guide.

A Financial Power of Attorney appoints somebody to take care of your financial affairs while you are alive, but usually after you have lost capacity. This document should not be confused with either a Last Will and Testament (or simply a “Will”) or a Living Will. A Last Will and Testament makes key appointments and […]

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The cost of a Will in Canada – explained.

Two of the most frequently asked questions we receive at LegalWills.ca is How come your Wills are so cheap? Why are your Wills so expensive? In this article, we will discuss the cost of a Will. We will explain the different ways to prepare a Will, why each approach costs what it does, what you […]

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Frequently Asked Questions: Make a Will Week & Month

If you’re reading this, chances are you’ve heard of Make a Will Week or Make a Will Month. But what actually is Make a Will Week? Why did it begin? What’s the point and what does it mean for you? Several Provinces recognize their own specific week or month annually to promote the same message: […]

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The Ultimate Guide to Preparing a Will

Introduction to Preparing a Will Everybody should have a Will; not making a Will is unfair to those you leave behind. Even if your plans for estate distribution are simple and you do not have many assets, it is still much easier for the people that you leave behind to work with a Will than […]

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Probate in Canada – What it is, what it costs, how to reduce fees.

Must my Will go through probate? To understand whether or not your Will needs to go through the probate process, you have to understand what happens after you have died. Hopefully you have written a Last Will and Testament. In your Will you name an Executor. This is the person that you entrust to gather […]

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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 […]

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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 […]

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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 […]

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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.


U.S. Legal Wills Blog RSS Feed

Articles related to estate planning documents in the United States

United States

How much does a Will cost? And why?

This question leads to a number of further questions; What exactly is a Will? Why are some Wills free? Why do some Wills cost $1,000 How much should a Will cost? What about online Will services? Why do Wills at USLegalWills.com cost $39.95? We will address all of these questions and more in this article. […]

The post How much does a Will cost? And why? appeared first on The U.S. Legal Wills Blog.

Estate Planning: Best Advice for New Parents

There are around four million births every year in the US. That’s a lot of babies to clothe, feed and diaper change. Becoming a parent is one of the greatest joys in life but it also brings with it a lot of responsibilities.When your child is born you might not think immediately about estate planning, […]

The post Estate Planning: Best Advice for New Parents appeared first on The U.S. Legal Wills Blog.

Named Executor of a Will: Now What?

After an individual’s death, his or her assets will be gathered, business affairs settled, debts paid, necessary tax returns filed, and assets distributed as the deceased individual directed in their will. This distribution of assets will be conducted on behalf of the decedent by a person acting in a fiduciary capacity, either as the executor […]

The post Named Executor of a Will: Now What? appeared first on The U.S. Legal Wills Blog.

How to Choose a Legal Guardian for Your Children

When we decide to sit down and write a Will we obviously think about our valuable possessions, property and savings, but more importantly than all of that, you might need to consider a legal guardian for your children. Two-thirds of American parents haven’t chosen a legal guardian, but whether your children are infants or teenagers, […]

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Online Will services – comparing LegalZoom with USLegalWills

Comparing LegalZoom with USLegalWills.com – Executive Summary Looking for an alternative to LegalZoom for writing your Will? You may not have time to read this complete article, so here are the key points; Both LegalZoom and USLegalWills.com have been offering Will writing services for nearly 20 years now. The longevity of both companies is an […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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U.K. Legal Wills Blog RSS Feed

Articles related to estate planning documents in England and Wales

United Kingdom

Challenging a Will: What are the grounds for contesting a Will in the UK?

Have you ever been left out of a Will and thought that you deserved something from the estate? Do you think that family members have acted unfairly, or that a step-parent has influenced your parent? do you think that something suspicious may have happened to a parent’s Will? This article discusses the grounds for challenging […]

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Make a Will online – 4 steps, 20 minutes, only £24.95

Most UK adults do not have a Will. It’s unfortunate because every adult needs a Will and you shouldn’t wait until some time in the future. A Will should be written whilst you are young, and updated throughout your life. Fortunately, now there are great options to make a Will online. Traditionally, making a Will […]

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The Will Template at LegalWills.co.uk. Your Will in 20 minutes.

Technically, the Will writing service at LegalWills.co.uk is not a Will template, but rather, 160 templates, offering an infinite number of different Wills. We guide you through the process of preparing your Will by stepping you through ten sections. You answer questions as you go, which directs you through to the next section. Just like […]

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What is a Codicil to a Will- and why it is never the solution that you need.

A codicil to a Will is a document, attached to an existing Will, that makes reference to that Will, and describes a change to a particular clause in the Will. For example, a Codicil might say In the attached Will, for clause IV “Executor” change the name of the Executor from Jane Green, to Robert […]

The post What is a Codicil to a Will- and why it is never the solution that you need. appeared first on The U.K. Legal Wills Blog.

How much does it cost to write a Will? – £0 to £1,000 explained.

A Last Will and Testament is a document that makes key appointments for you, and describes the distribution of your assets, after you have passed away. So how is it possible for this document to cost £1,000 to create with a solicitor, or be completely free if you download a form from the Internet. Why […]

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Will writing service – what to look for in a Will writing company.

Every single adult should have a Will in place, but most do not. If you are reading this, you may have given some thought to writing a Will, but not sure how to get started. You have seen different approaches to writing a Will, but you are not sure which services offer a quality, affordable […]

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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 […]

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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 […]

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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 […]

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Review of UK Online Will services 2019 – 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 […]

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