Why you need a legal will after you get married
Attention Newlyweds: Say I Do to planning for your future.
First comes love, then comes marriage, then comes an estate plan to provide for one another if anything happens. Isn’t that how the saying goes? We get it. Going from signing your marriage papers to signing your will might not be how you envisioned starting your life together, but getting married is one of the key events in life that where creating your Last Will and Testaments becomes even more necessary. That’s why at Willful, we’re here to make estate planning as painless as possible. You can create a will using our online platform in less than 20 minutes - meaning you can get back to planning for more exciting things — like your honeymoon(!)that much faster. If you’re a newlywed, you need a will, and here are 5 reasons why:
Having a will protects your spouse if something happens to you (and vice versa)
While your wedding vows may have said “till death do us part”, your responsibility to support your spouse continues after you die. If you want to ensure your loved one will be provided for in your absence, you need to have a will in place outlining those wishes.
Your spouse isn’t the only important person in your life
If you die without a will (known as dying “intestate”) provincial laws will govern how your assets are distributed and may leave out important people in your life like siblings, parents or friends who aren’t recognized by these laws.
Ready to distribute your belongings and assets to the people who matter most? Once you've chosen who and what, you can be signing your completed will in less than 20 minutes with Willful.Get Started
If you made a will before getting married - it’s no longer valid
A will made before marriage is automatically revoked once you get married (with the exception of a will explicitly stating it was made with the marriage in mind). Regardless, marriage is a good time to make a list of your possessions, review your beneficiaries and executor and make an updated will that reflects this major change in your life.
Maybe this isn’t your first marriage
Tying the knot again means that the estate plan you had in your first marriage is no longer valid and if you were to pass away, you’d be considered to have died intestate. With remarriage, family dynamics change and it’s important to make a new will to reflect these changes. Some people want to remove their ex-spouse as a beneficiary, executor and/or attorney while others want to keep their ex-spouse in their will - whichever category you fall into, you’ll need to make an updated will. This is also a good reminder to check who your death beneficiaries are on things outside of a will such as a life insurance policy or RRSP.
You need an emergency plan in place
You might have agreed to support each other in sickness and in health, but if you or your spouse became seriously injured or ill, those vows won’t protect you the same way as a power of attorney. Having a Power of Attorney for property and health care ensures someone you trust (often your spouse) will be able to make important decisions on your behalf regarding your property and medical care. Without one, your spouse or a loved one would need to get authority from the court to manage your medical care and property, which can be time consuming, expensive and stressful.
Choose our Premium Plan or Couples Plan to create your power of attorney documents. Name the person (or people) you want to make decisions on your behalf in regards to property and finances as well as health care and medical emergencies.Get Started
To gain peace of mind
Last but not least, making an estate plan will give you peace of mind knowing your final wishes will be respected and your spouse and loved ones will be planned for. Life can be unpredictable, but having a plan to deal with life’s uncertainties will help alleviate any worries.Create My Will
We kept our pricing simple and Willful helps pick the right plan for your needs.
Frequently Asked Questions
Does my spouse need their own will if our wishes are the same?
What is the difference between a Mirrored Will and a Joint Will?
Do I need a lawyer to draft my Will?
If I have a complex estate can I still use Willful?