Wills---------last will and testament

[Odie]

Originally Posted by gmc

Why not use a lawyer. Don't know about canada but if you write your own will in the UK it still has to go to the probate court to be accepted as legal-it's cheaper, easier and less likely to cause problems to get a lawyer involved from the beginning because you will have to get one involved whether you like it or not. It's a specialist field make sure you et one that knows what he or she is doing. See about putting any life assurance policies in trust as well.

You have to be specific about the bank- state all current and future bank accounts otherwise of you open a new one and forget to alter the will the money gets lost. There are milllions in bank accounts that the owners have forgotten about-same with savings policies that people pay for a while and then stop and forget about -legacy policies that the insurance companies here are keen to get their hands on and the chancellor is for raiding them as well. In the UK and maybe Canada as well (I don't know) any unclaimed assets belong to the crown-and I do mean the queen

A lawyer would charge me 1,000.

There are legalized on-line wills, separation, divorce, actually anything you need legally done, for Canada, US and all countries and their laws.

My will cost me 49.00.........

It takes you through everything...step by step.....you can type in anything you want, delete anything that you don't need or want....

Then is shows you how to preview, edit, and print.

All you need is either 2 friends, or clergy to witness......

you can ask a lawyer to witness.....but again, that costs you money.

It is also there for 2 years in case I need to make further changes.....and you can also make that 2 years longer.

A lawyer would charge for editing each time.


I have included all Banks, phone numbers, account numbers.

did the same with my investments.


thanks!

[gmc]

Originally Posted by Odie

A lawyer would charge me 1,000.

There are legalized on-line wills, separation, divorce, actually anything you need legally done, for Canada, US and all countries and their laws.

My will cost me 49.00.........

It takes you through everything...step by step.....you can type in anything you want, delete anything that you don't need or want....

Then is shows you how to preview, edit, and print.

All you need is 2 friends, family or clergy to witness......

you can ask a lawyer to witness.....but again, that costs you money.

It is also there for 2 years in case I need to make further changes.....and you can also make that 2 years longer.

A lawyer would charge for editing each time.


I have included all Banks, phone numbers, account numbers.

did the same with my investments.


thanks!

That is pretty steep mirror will here is £150 unless there is something really complicated about the estate-it costs more than that to get a will accepted at the probate court if you've just stuck it behind the clock or something.

[Odie]

Originally Posted by gmc

That is pretty steep mirror will here is £150 unless there is something really complicated about the estate-it costs more than that to get a will accepted at the probate court if you've just stuck it behind the clock or something.

It is really high here in Toronto, is has to do with it being a major huge city.



I would say, average, 700.00 to 1,00.00 for a will, and that means really checking around.

[Patsy Warnick]

Odie
If your doing the Plan/documents yourself - as stated be very percise.
very detailed as possible.

Recommendation
if possible - appoint 2 as executive/trustee to make sure your wishes handled.

Remember - a executive of a will does not have to follow through with your wishes. And MOST DON'T - GREED
Appointing a executive is giving that person POWER of ATTORNEY, legal access to all.

Make several copies of your document - give a copy to a trusting soul.

I would suggest legal aid of some type to inspect the finished document
the wording alone can and has been in court...

be careful - good luck - think about appointing 2 .....the only way to go...!!

Patsy

[Odie]

Originally Posted by Patsy Warnick

Odie
If your doing the Plan/documents yourself - as stated be very percise.
very detailed as possible.

Recommendation
if possible - appoint 2 as executive/trustee to make sure your wishes handled.

Remember - a executive of a will does not have to follow through with your wishes. And MOST DON'T - GREED
Appointing a executive is giving that person POWER of ATTORNEY, legal access to all.

Make several copies of your document - give a copy to a trusting soul.

I would suggest legal aid of some type to inspect the finished document
the wording alone can and has been in court...

be careful - good luck - think about appointing 2 .....the only way to go...!!

Patsy

I have appointed my youngest son he is 33.



trust me, he will follow through.

4 copies were made......just in case god forbid, I outlive him.



thanks.

[Patsy Warnick]

Odie
are you having a tough time dividing & deciding?

I wouldn't know really where to begin.?

I don't think my family wants my crap - or if I was doing the right choice?
I don't know ?

I need to make a will also - I've thought about it long enough.

Glad you have a good trusting soul (son)
you seem very close - how cool for the both of you..
Patsy

[mikeinie]

Originally Posted by Odie

I am making a new will.

when you say that someone can have monies from your bank account, do you have to say what the account numbers are?

or just state the Banks name and phone number?

and if the second one is correct.....will the bank be upfront and honest if you have more than one account?


thanks!

Don’t even worry about it, just leave everything to me and I will take care of everything.

[Odie]

Originally Posted by Patsy Warnick

Odie
are you having a tough time dividing & deciding?

I wouldn't know really where to begin.?

I don't think my family wants my crap - or if I was doing the right choice?
I don't know ?

I need to make a will also - I've thought about it long enough.

Glad you have a good trusting soul (son)
you seem very close - how cool for the both of you..
Patsy

my family is small, I have two sons and one brother and SIL.


dividing was not a problem concerning my second son.

and the things in my home, my brother and SIL wouldn't want them as their tastes are different than mine.

You really do need a will, and if you noticed my earlier post.......its now so easy to do, no high lawyers fees, just do it on-line.


I have always had a will......when my dad passed away when I was 13.....he had never made a will........it took my mom 3 years to access anything.

[Odie]

Originally Posted by mikeinie

Don’t even worry about it, just leave everything to me and I will take care of everything.

so I can depend on you?

[Nomad]

I dont mean to be crass but can Nomad look forward to some bling anytime soon ?