Wills & Estates FAQ | Schnell Hardy Jones-Pt. 1

Will document.

Wills & Estates FAQs

It is never too early to begin considering what would happen to your property when you pass on, and to consider what provisions you will make for your loved ones. It’s also a good practice to review your Will periodically to ensure it is still up to date.

Every estate plan starts with asking questions to create a well-written Will that reflects your unique situation. Below are answers to some frequently asked questions our Wills and estates lawyers hear often at Schnell Hardy Jones LLP.

What Is A Will?

A Will is a written, legally enforceable document detailing how anything you own will be divided and distributed to whom, once you pass on. Generally, the person making the Will (the testator) has the right to make his or her own choices about who should receive what. However, there are certain laws requiring that adequate provisions be made for the testator’s spouse and dependant children, even where a written Will does not provide for this.

What If I Pass On Without a Will?

If you die without a Will (also known as dying “intestate”), a standardized set of rules coded in Alberta’s Wills and Succession Act and Estate Administration Act will dictate how your estate will be distributed, and who can administer it.  Please note that this legislation could result in your estate being distributed in a manner not consistent with your wishes.  Also, persons may be appointed to administer your estate not consistent with your wishes.

Contact Schnell Hard Jones LLP for a Wills & Estates Lawyer

Serving Red Deer, Sylvan Lake and Stettler, our Wills & Estates lawyers can help you take steps to protect your estate. We can help you create a Will that is valid, enforceable, and reflects your wishes. Call us to set up your initial consultation at 1-888-342-7405.