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Separation: A Good Time to Rewrite Your Will

"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

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Separation: A Good Time to Rewrite Your Will

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  1. Calgary Legal Wills Frequently Asked Question

  2. Title: Separation – A Good Time to Rewrite a Will

  3. Question: When is a good time to write or rewrite your will?

  4. Answer: 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 favorite DVDs.

  5. Answer(contd): 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 favorite chair that’s gone forever because of this person.

  6. Answer(contd): All kidding aside, writing or rewriting a will isn’t about revenge as much as it’s about changing priorities. If you are single or separated and have children, you usually want your assets to go to your children. If you don’t have children, you probably want your assets to go to your parents, siblings, or nieces and nephews.

  7. For more information on Wills and Estate Planning in Alberta, visit http://calgarylegalwills.com or Call Russ Weninger at (403) 265-4496.

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