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Elements of a Will

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Elements of a Will

Postby Pinskylaw.ca » 17 Dec 2016, 11:52

The law recognizes two basic ways in which persons may make gratutious gifts of property - by inter vivos gift or by testamentary disposition (or a will):

A good will is a juridical act that is:

(a) Intended to have disposing effect;

(b) Intended not to take effect until after death and to be entirely dependent on death for its operation;

(c) Intended to be revocable (and revocable in fact); and

(d) Executed in accordance with the wills legislation of the appropriate province or territory.
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