Valley First

Why do I need a will?

A valid, current will is an essential part of planning your estate to ensure your wealth is properly distributed according to your wishes after you pass away. If you don’t have one in place, your estate will be distributed by the government in accordance with provincial laws. In this scenario, the process of settling your estate could be long and expensive for the loved ones you leave behind, and your estate and assets will likely not be divided according to your wishes.

How do I ensure my will is valid?

Many do-it-yourself will kits are available in stores and online, but wills created through these sources could be rendered invalid or open to interpretation. A lawyer or notary should help you create your will to ensure it is valid and legally binding. You should review your will regularly and ensure it’s updated in the event of a significant change in assets or a major life change such as a new child, grandchild, or change in relationship status.

Helpful resources


Do you need help planning your estate?

We offer estate planning through our partnership with Concentra Trust. Make an appointment to speak with a financial planning expert for guidance at your nearest branch today.

 

More on estate planning

What is estate planning?

Do I need to give someone power of attorney?

How do I appoint an executor?

 

Talk to us

Whether you’re looking for more information, or you’d like help creating your will, you’ll find our contact information here.

 

We encourage you to visit one of our branches for more information on how Valley First can make things simple for you every step of the way!


 

Our partner in providing Trust and Estate services