Trusted Tips and Resources

Trusted Tips & Resources

How Often You Should Review Your Will - Expert Advice From Trusted Regina Financial Advisor John Barabe

John Barabe and Madison Schenher understand that everyone's financial situation is unique and that managing your wealth can be complex and time-consuming. They have an unwavering commitment to quality and service which has enabled John to build and retain a successful practice in Regina. The team of Regina financial advisors and support staff believe that planning with honesty and integrity are cornerstones to improving their client's quality of life. They apply their knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace. In their latest Regina financial advisors expert article, they explain how often you should review your will. 

How Often Should You Review Your Will


When was the last time you read your will? Is it still relevant? Are there changes that really should be made?

After completing a will, most people put it in a safety deposit box and don’t bother looking at it again. This is a mistake because wills should be reviewed periodically, especially if there have been significant changes in your life such as…

  • marriage (because your will is revoked when you are married),
  • divorce (because it revokes a gift to the former spouse, and in many cases that is most of the will),
  • the birth of a child (because you’ll want to deal with guardianship, support etc…),
  • the majority of a child (because you won’t have to deal with guardianship, may want to do something about support, specific bequests),
  • a major acquisition or disposition of property,
  • the death of a spouse or other family member mentioned in the will, and
  • executor dies or reaches a state of physical or mental disability.


Never attempt to revise your own will by scratching out or marking up existing clauses.  When making alterations to your will,  taking the time to follow the legal formalities will ensure that your will remains valid, and up-to-date and that your estate is dispersed according to your wishes.


John Barabe and Madison Schenher are Trusted Regina Financial Advisors


 

I am sending this out as material information to keep everyone informed. This is not a solicitation for any investment. Before making any investment decision, please contact us for professional investment advice through our extensive planning process. This is only meant to provide perspective and update you as best as I can from the extensive ongoing research that we do. 

The opinions expressed within this article/communication are those of the Financial Advisor and are not necessarily those of Keybase Financial Group Inc. Any data provided is for illustration purposes only. Clients and prospective clients should always read a product prospectus and fully understand all of the risks associated with the product before purchasing. Any information relating to the discussion of taxation issues is considered to be only general in nature. Clients should seek a qualified tax professional to discuss their specific tax requirements.

Third-party publications are not prepared by Keybase Financial Group Inc. The opinions, estimates and projections contained in the publication are those of the author as of the date indicated and are subject to change without notice. Keybase Financial Group Inc. makes no representation or warranty, express or implied, in respect thereof, takes no responsibility for any errors or omissions which may be contained therein and accepts no liability whatsoever for any loss arising from any use of or reliance on the report or its contents. The provision of this publication is not to be construed as an offer to sell or a solicitation for or an offer to buy any securities.

Keybase Financial Group Inc. is a member of the MFDA and is a member of the MFDA IPC.

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