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ARTICLE · 18 NOVEMBER 2024

The Young Albertan's Guide To Wills

As a young adult, you're likely focused on exciting milestones - buying your first home, growing your career, or starting a family. But amidst these moments of growth, it's equally important to think about protecting.

CanadaFamily and Matrimonial

As a young adult, you're likely focused on exciting milestones - buying your first home, growing your career, or starting a family. But amidst these moments of growth, it's equally important to think about protecting your future. One of the best ways to do that is by creating a will. While estate planning might seem like something only older adults need to worry about, it's actually a crucial step for every Albertan aged 18 and older.

Why You Need a Will

A will is a legal document that outlines how your assets should be distributed after your death. It can also cover other essential elements, such as naming a guardian for your minor children or specifying your funeral wishes. Without a will, Alberta's intestacy laws will decide how your assets are divided, which might not align with your personal wishes or the needs of your loved ones.

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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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