Separation: A Good Time to Rewrite Your Will

<iframe width="420" height="315" src="//www.youtube.com/embed/c5nuNmA8Ufk" frameborder="0" allowfullscreen></iframe>                                                                                                           A very good time to write or rewrite your will is after you have separated from your spouse or common law partner. If you have an existing will, it likely lists your spouse or partner as a significant or even sole beneficiary. This is great when you’re in love, but when the relationship is falling apart, you don’t necessarily want to leave everything to the person who took half the furniture and your favourite DVDs. Even if you die without a will, your spouse or partner may be entitled to a share (or all) of your assets under intestate succession legislation, such as the Intestate Succession Act in Alberta.  Again, think of the DVDs you’ll never watch again and the favourite chair that’s gone forever because of this person. For more information on Wills and Estate Planning in Alberta, visit http://calgarylegalwills.com or Call Russ Weninger at (403) 265-4496.