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ARTICLE · 04 DECEMBER 2025

Estate Planning: When Health Practitioners Should Consider A Professional Will

MLT Aikins LLP
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When health professionals in Manitoba think about estate planning, the conversation usually revolves around a personal will, power of attorney and health care directive.

CanadaFamily and Matrimonial

When health professionals in Manitoba think about estate planning, the conversation usually revolves around a personal will, power of attorney and health care directive. While these documents are all vital components of an estate plan, they may not be enough for those who own or operate a professional practice. A professional will (also known as a practice will) may be the missing piece in creating your complete estate plan.

What is a professional will?

A professional will is designed to address the unique needs of regulated professionals, such as pharmacists, doctors, psychologists and lawyers. Unlike a personal will, which covers your personal belongings and financial assets, a professional will focuses on managing your professional practice in the event of your death or incapacity.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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