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Without a will, family often left with unintended consequences

2018-12-06

Matthew Urback Head ShotDying without a will may have unintended consequences on one’s family members, Toronto wills and estates lawyer Matthew Urback tells Law Times.

Urback, an associate with Shibley Righton LLP’s Toronto office, says that without a will, one’s estate is then divvied up by the courts based on governing legislation and the personal situation of the deceased. But that process, he says, may not be what the deceased person would have wanted.

Another problem with not having a will, says Urback, is that the person probably didn’t take advantage of any tax-saving opportunities, which will likely mean that there will be less left over for beneficiaries.

This is an excerpt from an article that appeared on AdvocateDaily.com.

Please click here to read the rest of the story.

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2018-12-06