Personal Finance Canada

1215 readers

54 users here now

Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!

founded 2 years ago

MODERATORS

[email protected]

Will Suggestions (lemmy.ca)

submitted 2 years ago by [email protected] to c/[email protected]

12 comments fedilink hide all child comments

Looking to make a will. Anybody have any suggestions? Are online ones any good or do I need a proper lawyer? Things to look out for?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 2 years ago (3 children)

A number of years ago, my spouse and I decided to create a will as we were worried about our daughter not being taken care of if something bad happened.

After investigating options to do it ourselves, we decided to pat a lawyer $1500+ and ended up very glad we did. There were serious considerations that hadn't even crossed our minds. It also was built such that it was applicable even after she reach adult age.

My recommendation is to get a lawyer, especially if you have dependents, real estate, or other substantial investments.

[–] [email protected] 1 points 2 years ago* (last edited 2 years ago)

While I strongly think this is a good advice, I'd still advise to cross-reference whatever OP's lawyer tells them : with my wife, we did our wills a few years ago with a professional (actually, a public notary in Quebec, but they are supposed to be the knowledgeable ones here) and some things we were told were incorrect, while they missed a few important informations.

Many good questions were raised, so it has been a good basis that we've updated by ourselves in the mean time, knowing that even if our latest wills weren't found, these could still be used satisfactorily, as these are officially registered.

We'll probably update them again with a notary in a few years, or if there is any important life event in the mean time.

[–] [email protected] 1 points 2 years ago

Any tips on finding a lawyer suitable and good at this specific branch of law?

[–] [email protected] 1 points 2 years ago (1 children)

Thanks, that makes sense, I'm not even sure which questions I need to be asking so that would be helpful.

How did you go about finding a good lawyer?

[–] [email protected] 4 points 2 years ago

Honestly, word of mouth is your best path for any service, be it a plumber or a lawyer. Network with your friends or coworkers. I actually would not recommend involving family though, as they may be involved in the outcome.