Hagel Lawfirm is open for business. We are happy to assist the community with their legal needs. We provide safe environment for our employees and our clients. Our offices are equipped with UV light air sanitizers and our ventilation system is working with fresh, not recycled air. We are accommodating clients' meetings in person, by videoconference and by phone.
Determined & Experienced
Estate Litigation Lawyer

Changes to Ontario estate planning laws

On Behalf of | Feb 28, 2022 | Estate Planning

Upcoming changes to laws could impact the way many people handle estate planning. New estate planning laws in Ontario will influence how wills are produced, especially for those who are married, living in common-law unions or who are separated. These changes affect the Succession Law Reform Act and the Substitute Decisions Act. Here are some of the ways Ontario residents will be impacted. 

Signatures for wills and powers of attorney

As of this year, wills and POAs may be signed and witnessed electronically if: 

  • A lawyer or paralegal is one of the witnesses 
  • Both the testator and witnesses sign at the same time 
  • Everyone participating can see, hear and speak with each other virtually in real time 

Existing wills

According to the new laws, existing wills are no longer revoked by marriage. For those married this year and going forward, existing wills will be considered; however, the rule isn’t retroactive. If the marriage happened prior to January 2022, previous rules would apply and marriage would have revoked any existing will. In addition, spouses who are separated lose their entitlements in a will, and they will be treated the same as divorced spouses. So if these individuals are named as beneficiaries or estate trustees in a will, they will not be entitled to those benefits in the will or be able to act as an estate trustee. 

Another significant change is that the Ontario Superior Court of Justice can now validate a document that was not properly executed per the legal requirements of wills. There is a catch, however, as the provision doesn’t allow courts to declare a document with an electronic signature to be valid. These new changes to estate planning laws can seem confusing, so it could prove invaluable to consult with a lawyer experienced in this legal area with any questions or concerns. 

Archives

Contact Today >>