Is Your Will Up to Date? Protect Your Legacy

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Life is unpredictable – ensure you are prepared by keeping your will up to date, protecting your loved ones, and securing your legacy.
A properly drafted will ensures that your assets are distributed according to your wishes, minimizing stress and uncertainty for your loved ones. But when was the last time you reviewed it? Life changes quickly, and keeping your will up to date is essential for protecting your legacy.

When Should You Update Your Will?

Your will should be reviewed and updated whenever major life events occur, such as:

Marriage or divorce – Changes in your marital status can significantly impact your estate plan.

Birth or adoption of children/grandchildren – Ensure they are properly included in your will.

Significant financial changes – Acquiring or selling property, starting a business, or receiving an inheritance may require adjustments.

Loss of a beneficiary or executor – If someone named in your will passes away or is no longer suitable, an update is necessary.

Moving to a new province – Estate laws vary by region, so it’s important to review your will to ensure compliance.

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The Risks of an Outdated Will

Failing to update your will can result in unintended consequences, such as assets going to the wrong beneficiaries, legal disputes, or unnecessary delays in probate. In some cases, parts of your will may even become invalid under current laws.

Protect Your Future: Make Sure Your Will Is Up to Date.

At Bell, Jacoe & Company, we specialize in estate planning and will updates. If you are unsure whether your will reflects your current circumstances, or need guidance, contact us today for a review. Planning ahead provides peace of mind and ensures your loved ones are taken care of.