Ontario Bar Association highlights importance of will preparation during Make a Will Month

Lawyers to offer free information sessions to help the public understand estate planning essentials

Ontario Bar Association highlights importance of will preparation during Make a Will Month

The Ontario Bar Association (OBA) has launched its annual “Make a Will Month” initiative this November to raise awareness about the importance of having a legally sound will.

Throughout the month, OBA lawyers will offer free information sessions, both in-person and online, across Ontario to help the public understand the essentials of estate planning and ensure their assets and wishes are legally protected.

Volunteer lawyers from the OBA will present these sessions, covering key aspects of will preparation, including the importance of updating wills to reflect life changes and managing online assets. According to the OBA, the initiative is designed to address growing needs as individuals’ financial and personal situations become increasingly complex.

“Make a Will Month is a testament to the dedication of our lawyers in serving their communities,” said Kathryn Manning, president of the OBA. “This initiative not only emphasizes our members’ commitment to public service, but also showcases the expert knowledge they offer to help individuals navigate this important aspect of their lives.”

According to the OBA, estate planning mistakes, or the absence of a will altogether, can lead to significant legal and financial difficulties. Conflicts over assets can arise, resulting in costly legal battles, delays, and familial disputes. According to Kathryn Balter, chair of the OBA’s trusts and estates law section, a well-crafted will offers peace of mind by ensuring that a person’s wishes are clearly documented and that loved ones are cared for according to their intentions.

“Wills may have changed over time, but their fundamental importance remains unchanged,” said Balter. “A well-drafted will not only protects loved ones, but also ensures that a person’s true wishes are being honoured.” She added that an estate plan should account for various factors, including marital status, retirement funds, investments, and digital assets.

According to the 2019 Canadian Financial Capability Survey, only 55 percent of Canadians have a will, and the rate drops to 22 percent among Canadians under 35. For those without a will, the absence of clear instructions can require court intervention to appoint an estate trustee, often resulting in lengthy delays and additional costs.

The OBA’s free information sessions aim to demystify the process, address common concerns, and guide attendees through creating or updating a will to reflect their current situation. These sessions are open to all Ontarians and are part of the OBA’s ongoing public education efforts.