Yes, you can change your will at any time in Canada, if you are of sound mind. There are two ways to change your will:
Make a new will. This is the simplest way to change your will. Simply create a new will and sign it in the presence of two witnesses.
Add a codicil to your existing will. A codicil is a legal document that makes changes to your existing will. To create a codicil, you must sign it in the presence of two witnesses.
When changing your will, it is important to make sure that the changes are clear and concise, and that they are signed in the presence of two witnesses. It is also a good idea to have your will reviewed by a lawyer to ensure that it is valid and that it meets your needs.
Reasons Why You Might Want to Change Your Will
There are a number of reasons why you might want to change your will, such as:
- You have gotten married or divorced.
- You have had children or grandchildren.
- Your financial situation has changed.
- You have changed your mind about who you want to inherit your assets.
- You want to make new charitable donations.
It is important to make sure that your will is valid and that it meets your needs. If you have experienced any major life changes, it is a good idea to review your will.
If you have any questions about changing your will, you should consult with an experienced estate planning lawyer.
This article is for informational purposes only and is not legal advice. Contact us today to discuss your specific situation.