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A Will determines who controls your estate after your death (the
executor/trustee) |
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A Will identifies the persons that will receive your estate (the
beneficiaries) |
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Having a will minimizes estate expenses that result when a person
dies without a will |
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If you die without a will
(Intestate),
legislation and the Courts will determine who is entitled to your
estate and the amount of your estate that they will receive
(click here for example of Intestate Succession). If
you die without a will and without
Intestate
Successors, your estate vests in the Government |
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If you have infant children and you die without a Will and your
Spouse is also deceased or unfit to act as the parent of your
children, the Court will appoint someone to care for your children.
This person may not be the person you would have chosen as the
Guardian for your children. Contested Guardianship proceedings
will result in your Estate incurring needless expense. |