Question
Lesley and Kyle live in Cabbagetown, a part of the city of Toronto. They are renting their home, are professionally employed though their personal professional
Lesley and Kyle live in Cabbagetown, a part of the city of Toronto. They are renting their home, are professionally employed though their personal professional corporations and expecting their first child in July. They also are planning on buying their first home in November once things settle down. They have wills that were drafted several years ago before they started working. The wills address all their assets and nothing has changed in terms of their desire. Your advice to them would be to:
Update the wills now to include provisions for the child and add a secondary will for the child.
Update both wills and power of attorney after the child is born.
Update the wills after the child is born and add a secondary will.
Update the wills now to include provisions for the child and add a secondary will.
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