Most people know they should have a will, but the vast majority – about 70% of us – do not.
Writing a will is easy and inexpensive, and once you are done you can rest easy knowing your hard earned money and property will be distributed according to your wishes. If you have children, you can leave instructions on who will be left in charge of them if you pass, leaving that decision out of the court's hands. Making a will is easy, you just need to be at least 18 years of age and of sound mind when the will is written.
To make a will legal it must:
- Expressly state that it is your will
- Be computer generated or typewritten
- Be signed and dated
- Be signed by 2-3 witnesses, these witnesses must be people who don’t stand to inherit anything in the will
Although you do not need a lawyer to complete a will, it is recommended to do one with a lawyer, as it will avoid any legal headaches after your passing. Once your will is complete, it is recommended that it is kept somewhere safe and secure outside of your home.
If you do your will through a lawyer, most law firms in Saskatchewan will store it for you free of charge. The executor of your will should be aware of the location of it.
For more information about wills, please contact us.