Many people believe that obtaining a divorce will revoke their Will. In Ontario however, the divorced spouse will be considered to have died first. This means that the divorced spouse will not receive any benefit from the Will. Further, the divorced spouse will not be an executor. However, the rest of the Will will remain unchanged.
As such, following a divorce, you may have a Will that has no properly appointed executor, and the distribution of your estate may be different than what you had intended. Food for thought.
For more information concerning Wills, do not hesitate to visit our Wills page or stay tuned for more Wills "Hot Spots" on our blog.
If you would like to meet with us to have your Will prepared or changed, please do not hesitate to contact us.
This article is not intended to replace advice from a qualified legal professional. This article is only for information purposes and should not be relied upon to make any decisions.
In all cases, we recommend that you contact your legal professional immediately to obtain advice on any matter referenced in this document before making any decision.
Related Topics:Divorce Estate Planning Will
Related Posts:Seminar for seniors and/or their loved ones
Wills "Hot Spot" - Remarriage