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Wills and Estate Law

Do you need a Last Will and Testament?

last will and testament penticton

Someone from Penticton asked me recently if not having a Last Will and Testament meant the government would get all his money when he died. Well, no, the government does not necessarily get all your money, but if you don’t have a Will, they get to tell you who does get your money. And you can bet the tax bill will be higher. So what does the Wills, Estates and Succession Act say about who gets your money? That’s covered by Division 1 of the Act (section 20-35 for those keeping score at home). There are different rules for different family scenarios: a person...

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