1 / 7

Calgary Legal Wills Question - Wipe-Out Clause

immigrationcalgary
Télécharger la présentation

Calgary Legal Wills Question - Wipe-Out Clause

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Calgary Legal Wills Question: I have a young family. I know that I should provide for my spouse and children in my will. What happens if we all die at the same time, say in a car accident?

  2. Answer: It is a good idea to have a clause in your will that is sometimes morbidly referred to as a “wipe-out clause”.

  3. A wipe-out clause stipulates beneficiaries in the event that your immediate family members have all died.

  4. Typically, a wipe-out clause will leave assets to: • Parents • Siblings • Nieces • and, Nephews

  5. And in some cases, wipe-out clauses will leave assets to friends or charities.

  6. http://www.calgarylegalwills.com/faqs Visit:

  7. Call us today! • (403) 265-4496

More Related