Page 162 - A Canuck's Guide to Financial Literacy 2020

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5. Filing the personal and estate income tax returns.

Cancelling a Will

Cancelling the will is also known as “revoking the will” and it could be done at any time.
Ways to cancel the will:

▪ Creating a new will automatically cancel the previous written will
▪ Destroying the original copy of the will in addition to any scanned copies

▪ Marrying or re-marrying after the will is written will revoke the will as it does not make
consideration for the spouse. (Marrying in Quebec, Alberta and British Columbia will
not revoke a will)

Dying Without a Will

Dying without a will is known as dying “intestate”. In case of intestacy, the provincial
government will appoint an administrator to settle the estate. The administrator has the
same powers as the executor. They’ll grant administrative authority by issuing a Certificate
of Appointment of Estate Trustee either to:

▪ Spouse
▪ Adult Children
▪ Adult Grandchildren

▪ Adult Great Grandchildren
▪ Father
▪ Mother
▪ Brothers & Sisters

If there is a conflict of interest, the courts may deviate from the list above which is sorted by
order of priority. If the none of the family members wish to deal with the estate then the
province will give authority to a public trustee.