With a husband and wife, would you prepare one joint will or two wills - PowerPoint PPT Presentation

About This Presentation
Title:

With a husband and wife, would you prepare one joint will or two wills

Description:

Know the pros and cons of having one joint will and two wills. For more information, log on to – PowerPoint PPT presentation

Number of Views:20

less

Transcript and Presenter's Notes

Title: With a husband and wife, would you prepare one joint will or two wills


1
(No Transcript)
2
With a husband and wife, would you prepare one
joint will or two wills?
3
Some jurisdictions allow for joint wills .
However, my practice is to prepare two wills, one
for each spouse.
4
Joint wills have too many drawbacks. In
particular, a husband and wifes wishes are not
always in line.
5
For example
The husband may wish for one of his siblings to
be his alternate executor, and the wife may wish
for one of her siblings to be her alternate
executor.
6
In all likelihood, one spouse will predecease
the other, rather than both dying at the same
time. Since a joint will may be probated for the
spouse who dies first, the second spouse would
then likely have to do another will anyway.
7
For more information on Wills and Estate Planning
in Alberta, visit http//calgarylegalwills.com or
call Russ Weninger at 403) 265-4496.
Write a Comment
User Comments (0)
About PowerShow.com