Are you prepared to ensure things go smoothly for your loved ones when you die? At Highlander Law Group, we believe that everyone should have their wishes preserved, ensuring that their assets and family are protected when they are no longer able to do so themselves. This is why we strongly advocate for the importance of having a professionally drafted Will.

1. Put Your Loved Ones First

By creating a meticulously crafted Will, you're making sure that your loved ones are taken care of in the event of your passing. Leaving behind a properly executed Will gives you the power to distribute your assets according to your wishes, minimizing the potential for family conflicts or unnecessary expensive and acrimonious legal battles.

2. Maintain Control of Your Legacy

Without a legally binding Will, your assets may end up in the wrong hands or be distributed according to the default rules established by the Nova Scotia Intestate Succession Act. By taking the initiative to create a comprehensive Will, you retain the power to make decisions about how your estate is handled, ensuring the right individuals or organizations receive what you intended.

3. Protect Your Children

If you have minor children living in Nova Scotia, creating a Will becomes even more important. In your Will, you can designate guardians who will be responsible for the well-being and care of your children in the event of your untimely passing. This proactive step can provide peace of mind, knowing that your children will be looked after by individuals you trust.

4. Minimize Estate Taxes and Expenses

A well-drafted Will can help minimize the potential financial burden placed on your loved ones. Through careful estate planning strategies, our experienced lawyers can help you optimize the distribution of your assets, minimizing taxes and unnecessary expenses. This can ensure that your beneficiaries receive the maximum benefit from your estate.

Read some of our blogs on the Probate Process, such as ‘How Probate Tax is Calculated in Nova Scotia’.

5. Ensure Business Continuity

If you're a business owner, a Will enables you to protect your business’s future by clearly outlining succession plans or designating individuals who will carry on the company's operations. This ensures a smooth transition and minimizes disruption during difficult times.

6. Obtain Peace of Mind

Perhaps the most crucial reason to create a Will is to secure peace of mind, knowing that your affairs are in order and your intentions will be carried out effectively. By taking the time to create a legally sound Will, you can rest easy, confident that the legacy you leave behind will be managed according to your wishes.

By: Dianna M. Rievaj, Founding Lawyer

Have Questions For Us?

If you have any questions about issues arising from the purchase or sale of real estate in Nova Scotia, you can call us at (902) 826-3070 or email us at info@highlanderlaw.ca to set up a meeting with one of our lawyers at our Tantallon law firm. You can also schedule a no commitment Issue Review Consult for $250+HST where you have the opportunity to explain your situation to a lawyer and get basic advice before deciding whether or not you'd like to retain us.

The information and materials on this blog are provided for general informational purposes only and are not intended to be legal advice. Nothing contained on this blog is legal advice or constitutes a legal opinion. While it is our goal to provide information which is current, legislative changes and court decisions, among other matters, may result in some information no longer being current or accurate. You should consult a lawyer before relying on any information. The views expressed herein by individual contributing lawyers posting entries to the blog are solely those of the authors and should not necessarily be attributed to or considered representative of the firm of Highlander Law Group Lawyers