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The older you get, the more important it is to make your last will and testament. Sure, it’s morbid to think about but your Will essentially outlines what your beneficiaries receive and what happens to your estate after you die. While it can sometimes be expensive to create your Will, there are now free Will kits you can find all over Canada.
Although the idea may sound basic, an official last Will & testament can be a complex legal document that takes serious consideration and professional management. So, if you’re trying to simplify the process, a Will kit is a partially completed Will that allows you and/or your lawyer to fill in blank areas with required answers, such as:
There are many places in Canada where you can get a Will kit, so it’s best to do some prior research to find one that best meets your needs. That said, there are two main types of Will kits you can get:
Online Will kits are becoming popular because they’re simple and convenient to fill out. While online Will kits do not require you to hire an attorney, it does offer you options for customization that you’d find with an estate lawyer. In fact, all the details, options and instructions are laid out for you, so you just need to find the right provider. Moreover, the entire process can be conducted online, you don’t have to buy your kit at a physical store.
Otherwise known as a “Blank Form Will”, a Do-It-Yourself (DIY) Will Kit is what Canadians used to officiate their last Will & testament before the creation of online Will kits. Although it’s a viable solution that people have been using for ages, the process may not be as simple or cost-effective as an online will kit.
While plenty of retailers can sell you a DIY Will kit for under $50, it’s more advisable to hire a lawyer as they may not always stand up in court, if challenged. In fact, there are a few reasons why a DIY kit may not be your best option:
Learn more about why it’s important to have a Will.
There is no official free Will kit offered by the government of Canada. However, certain provincial governments do provide downloadable templates for Wills. Luckily, there isn’t any preferred online or DIY template for Wills in Canada, so you can choose to get your Will kit through a public or private company. As long as you do research and complete the Will properly, there shouldn’t be any issues. If you have a complex financial situation, it may be wise to hire a lawyer.
Find out what happens to your debt when you die.
There are numerous online Will kit providers in Canada. While some offer Will kits for a fee, others have free options.
One of the country’s leading Will providers, CanadaWills was created by a team of attorneys and lawyers over 20 years ago. They offer Living Wills, Medical Power of Attorney (POA) and Advance Directives. Additionally, they have comprehensive will-based estate plans, which include:
Fees – There are no fees to download a Will kit from CanadaWills and you don’t have to enter a credit card or buy a subscription. However, donations are always appreciated.
LawDepot is a legal document provider that was formed in 2001. Today, they have more than 10 million users and offer over 150 different legal documents, such as:
Fees – LawDepot isn’t technically a free website but you can sign up for a one-week free trial to download your Will Kit. Otherwise, subscribing costs $39 a month and single documents range from $7.50 to $49 without a subscription. Remember to cancel your subscription on time if you don’t want to keep paying for their services after a week.
Looking for more options? Check out the OM company .
The Free Will Kit originated in the United States but is available in Canada and Spain too. Unlike CanadaWills and LawDepot, they only offer one type of no-cost Will Kit, which includes:
Fees – True to its name, The Free Will Kit won’t cost you a penny but you must be comfortable giving them certain details, like your name, address and phone number. A representative will then contact you to arrange a delivery. While they may try to sell you insurance here, you don’t have to buy anything to get your free Will Kit.
If you can’t find a good free Will kit or an affordable lawyer, there are a few low-cost alternatives in Canada that offer more guarantees, like:
If you’re looking for a simple and easy way to create a Will, Epilogue offers lawyer-quality estate documents with their modern, simple, and affordable platform. Founded by two estate lawyers, Epilogue’s services are available in 9 provinces (AB, BC, MB, ON, NS, PEI, SK, NB, NL).
With Epilogue, individuals can complete their estate planning in as little as 20 minutes and from the comfort of their own homes (and without any legal jargon). Plus, they offer support via email, phone, and live chat, to answer any questions that come up along the way.
Epilogue is the first and only Canadian online Will platform that allows individuals to name a professional trust company as the executor of their Will. This may be an appealing option for individuals who don’t have someone to name as executor or who don’t want to burden a family member with the responsibility. Epilogue works with RBC Royal Trust to make this process possible but there is no need to be a customer of RBC to take advantage.
They offer two comprehensive packages for individuals and couples: Will Only and Will + Power of Attorney.
Use code LOANSCANADA20 to receive $20 off the price of a Will.
Based in Toronto and Montreal, Willful is a tech company that offers an online platform where Canadians can create a Will without the need to visit a lawyer. You’ll have access to educational resources and tutorials as well as customer service to help you navigate through the process of creating a will. Willful offers its service in 8 provinces (AB, BC, MB, NB, NS, ON, QC, SK):
There are three price plans to choose from, with the more expensive plans offering more comprehensive features.
LegalWills is an Ontario-based online Will provider that’s been around for more than 20 years. Their services are available in the US, the UK, and every province in Canada. All of LegalWill’s Will options include a lawyer-approved legal Will that can be completed from the comfort of your home. LegalWills also offers a 30-day money-back guarantee if you are not 100% satisfied with their service.
LegalWills offers a variety of packages, including:
Will kits can be a good option for those who have a simple financial situation. But for those who require customization or have extra wishes or funeral wishes, free will kits may not be the best option.
As you can see, many legitimate businesses can offer you a free and legal Will kit in Canada but there’s a big difference between a product that’s legally sold and one that’s legally binding. For your free Will Kit to be legal in every sense, make sure to:
Will Kits don’t have to be notarized to qualify as legally binding in Canada. You and your witnesses simply need to pass the specified requirements. However, you will need a notarized “affidavit of execution” if your estate goes through the probate process. This document can be completed at a later time and isn’t required to get a legal will kit.
When searching for a free Will kit, be sure to do your research, there are plenty of free and low-cost options that may suit your lifestyle choices better than others. Remember, your Last Will & Testament is an extremely important document that you should never take chances with, so finding the right free Will Kit is definitely a necessity no matter where you live.
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