Quote:
Originally Posted by stampsx2
Holographic wills are legal in Alberta. I don't understand the point of spending thousands of dollars on a lawyer for a will that expires anyway. Maybe if you have a big business with major assets.
I suggest at least having a holographic will that's signed by you and your spouse and a friend to witness and sign. If you want to go all out, then pay the $60 for a notary to witness and sign it.
Rant
One last thing, include in your will who you would like the government to transfer all your cpp contributions to. It won't do anything, but the government might get a good laugh out of it.
/rant
|
It usually doesn't take as long as it did for terrible advice to appear, so I think CP deserves a hearty congrats on this one....
For the record:
1) Holographic wills are fine, but you need to make sure you have throught through the entire process including every possible 'what if' scenario. I have yet to have a couple come to me with a plan that we don't change once I explain to them what could happen under different scenarios.
2) wills aren't "thousands of dollars". We do couples wills (so, 2 of them) along with POA and Personal Directives for $850.
3) wills don't expire at a certain time. In the past, your will was voided upon marriage, but under the new Wills Act this is no longer the case.