Wills / Estates
Wills, POAs, and Trusts
Trusted Toronto Estate Planning Lawyers
When we pass, most of our assets will be frozen. Our executor or estate trustee must apply for probate before our beneficiaries can receive their inheritance. This application process is much faster, cheaper, and successful when there is a valid Will, compared to no Will.
Three reasons why everyone who has assets in Canada should have a Will:
- Avoid paying bond insurance, costing 5% of entire estate value. When there is NO Will, the likelihood of the Court requiring bond insurance is high. For more details click HERE (link to probate application page)
- Protect your beneficiary’s inheritance from being split by their spouse upon a divorce. We will specifically include a clause in the Will to this effect.
- Ensure that your assets are distributed according to your wishes, not according to Estate Legislation, which prioritize married spouses and children to the exclusion of all other beneficiaries. As well, ensure that your estates are distributed within a year rather than several years when there is NO valid Will.
What’s Included in Varity Law’s Comprehensive Will Package:
- Professional Will Drafting by an experienced legal team who handles the Ontario probate applications routinely (so they know from experience how to draft a correct Will)
- Two witnesses who are not named in the Will, thus will not be in any conflict of interest with the person writing the Will.
- A lawyer affidavit signed by a licensed lawyer and one of the two witnesses
- A detailed asset list with 25 years of free updates, helping your executor and loved ones manage your estate efficiently
- Free storage of the original Will for 25 years
Since Varity Law offers a one-stop-shop services with Wills & Estates, our wills clients routinely come back to hire us when it’s time to probate their estate or if they need us to act as executor to administer their estate.

Estate Planning Tailored to Your Needs
Personal or Primary Wills Drafting and Execution
Contrary to popular belief, a Will is not simply a document that you can do correctly using an online template.
Corporate Will, or Secondary Will Drafting and Execution
All assets that are passed down in the Will are subject to a 1.5% estate administration tax, for any value above $50,000.
Power of Attorney (POA) Drafting and Execution
Wills are only in effect when the testator pass. In contrast, Power of Attorneys (POAs) are used when the testator/grantor is alive but is incapable of making rational decisions or managing their affairs.
Trusts Drafting and Maintenance
There are many differences between a Will and a Trust.