Ridout Barron


When you should update a will

Drafting a will in Calgary is a great idea, no matter your age. Many people put this off and then they don't have one when they pass away. This can lead to lawsuits and appeals between family members, and it can cause a lot of strife.

However, just drafting the will is not enough. You also want to make sure that it is current at all times. There are a few key points when you should update it, including the following:

-- If you buy or sell a major asset: This could include a home, a vacation property, a boat or anything of this nature. This could make up a significant portion of the estate, so you don't want the will to neglect the change.

-- If you buy or sell a business: Your business could be worth even more than the rest of your estate, and your family members may be especially interested if they want to run it or just sell it and get the money out of it. This is also important to note since these transactions often take place closer to the end of a person's life, when he or she retires.

-- If you get married or divorced: Any time the makeup of your family changes, your will needs to reflect it. For instance, if you said your assets would all be left to your spouse, who could then give them to your children as he or she saw fit, you don't want that provision to stay after a divorce.

To learn more about wills, updates or the litigation process when a will is being carried out or contested, please check out our site today.

No Comments

Leave a comment
Comment Information


Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish a lawyer-client relationship. Confidential or time-sensitive information should not be sent through this form.



Ridout Barron

802 13th Ave SW
Calgary, AB T2R 0L2
Phone: 587-315-8454
Fax: 403-271-8016
Calgary Law Office Map

There is parking behind our building and/or free 2 hour street parking at our new location.

We Use Skype