Nearly 50% of Canadians do not have a Last Will.

A last will and testament is a legal document that lets you, the testator (the person making the will), designate individuals or charities to receive your property and possessions when you pass away. These individuals and charities are commonly referred to as beneficiaries in your last will. A last will also allows you to name a guardian to care for minor children. The main purpose of a will is to ensure that the testator’s wishes, and not the default laws of the state, will be followed upon the testator’s death.

FAQ

How will I receive my Last Will & Testament Kit?
A licensed local life insurance professional will contact you to schedule a virtual session. During the meeting, they’ll walk you through the contents of your kit, explain how to complete it, and provide information on any additional benefits you may be eligible for.
What is the best way to create a will?
The best way to create your Last Will and Testament will depend on your personal circumstances. Since the LifeGuard Last Will and Testament Kit has been carefully drafted by lawyers and is ready to be customized with proprietary software, this is ideal for anybody looking to create a strong, legally binding Will from the comfort of their own home.

Since Wills need to be periodically updated, the LifeGuard Last Will and Testament Kit makes it easy to review your Will at any time because your work is saved when you create an account.
Why is a Last Will & Testament Important?
A Last Will & Testament allows you to give instructions on who will get your property after your death, appoint the person who will administer your estate, and appoint a guardian for any minor children you may have. If you die without a valid Will, your property will instead be distributed by a court-appointed administrator according to a pre-determined formula (defined in state/province law). Without a Will, you would not be able to give your property to a non-relative or to exclude relatives. If you have no Will and there are no relatives at the time of your death, your property will go to the state/province.
Can I give away all of my property in a will?
You can give away most, but not all, of your property in a Last Will. Typically the following cannot be given away in a Will:

Life insurance

401(k) plan assets

Pension plan assets

Retirement plan assets

Annuities

Property held in a trust

Matrimonial home held jointly
What is the difference between a Last Will and a Living Will?
A Last Will is used to distribute your property after your death and cannot be used to specify what type of medical treatment you want. In contrast, a Living Will (aka a Health Care Directive) allows you to specify your preferences for health care when you are no longer capable of giving consent yourself.
Who Can Make A Last Will & Testament?
Any person of legal age (usually 18 years of age) may make a Last Will, although an exception may be made if you are married, in the military, or have been legally emancipated. Additionally, most states require that you must be of “sound mind” to make a valid Will which means:

You understand you are making a Will and you know what a Will is;

You understand your relationship to the people mentioned in your Will; and

You understand the types and amount of property you own and how you wish to distribute it

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*
I agree to receive SMS messages as described above.*
By choosing Yes, you agree to receive recurring marketing messages (e.g., appointment reminders, promotions) at the number provided. Message & data rates may apply. Message frequency varies. Text STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Terms and Privacy Policy.

*This is a marketing solicitation for insurance. By clicking Submit, I am providing my ESIGN signature and express written consent for a licensed insurance agent from American Income Life Insurance Company, Globe Life And Accident Insurance Company, and National Income Life Insurance Company, and its affiliated companies to use automated or manual technology to call, text, or email for insurance purposes at the telephone number provided, including your wireless number, to arrange a convenient time to deliver your Kit(s) and explain additional insurance coverage available. This may include phone numbers that appear on any state and/or federal Do Not Call list and outside of 8:00 am and 9:00 pm your local time. Once contacted you can text HELP for help and Text STOP to cancel. Message frequency varies. Message and data rates may apply. You are not obligated to buy or change your insurance to get the Kit, the Kit is provided at no cost.   I agree to the Privacy Policy and Terms and Conditions, including our mandatory arbitration terms.

The author, the publisher and the vendor of these forms makes no representations or warranties regarding the outcome or the use to which these forms are put and are not assuming any liability for any claims, losses, or damages arising out of the use of these forms. The user should not rely on the author or the publisher of these forms for any professional advice. Always consult with a lawyer regarding the rules and regulations governing your residing state/province. The information provided is for illustrative purposes only and not for the purpose of providing legal advice. You should contact an attorney to obtain advice with respect to any particular issues and concerns related to the drafting of wills and other legal documents. Remember that individual situations and estate planning needs differ, and this Kit may not be suitable for your specific circumstances.