- Your Former Spouse Is “Written Out” of the Will
- Any gifts or bequests you left to your ex-spouse are automatically revoked.
- Any role you assigned to them in your will such as executor, trustee, or estate trustee is cancelled.
- Potential Problems If Your Spouse Was a Key Part of Your Estate Plan
- Who will be in charge of administering the estate.
- How your assets will be distributed if certain clauses no longer make sense.
- Separation vs. Divorce – Different Legal Effects on Your Will
- You have been separated for more than three years; or
- You have signed a formal separation agreement that meets legal requirements.
- Divorce Does Not Change Your Beneficiary Designations
- RRSPs (Registered Retirement Savings Plans)
- RRIFs (Registered Retirement Income Funds)
- TFSAs (Tax-Free Savings Accounts)
- Pension plans
- Life insurance policies
- Powers of Attorney for property or personal care
- Why You Should Update Your Will Immediately After Divorce or Separation
- Still benefit from certain assets.
- Remain named as a beneficiary on accounts and policies.
- Cause confusion in estate administration if roles are left unfilled.
- Choose a new executor you trust.
- Ensure your assets go to the right beneficiaries.
- Prevent unnecessary disputes and delays in the estate settlement process.
- Protecting Your Estate in Ontario – Get Legal Advice
- Review your current will to see how the divorce changes affect it.
- Update beneficiary designations for all registered accounts and insurance policies.
- Revisit Powers of Attorney for property and personal care.
- Seek advice from an Ontario estate lawyer who understands both family law and wills and estates law.
Frequently Asked Questions (FAQs) About Wills and Divorce in Ontario
- Does divorce automatically revoke a will in Ontario?
- Can my ex-spouse still inherit from my estate if we are only separated?
- Do I need to update my beneficiary designations after divorce?
- What happens if I don’t update my will after divorce?
- How soon after divorce should I update my will?
Contact Derfel Estate Law today to discuss how divorce or separation can affect your will, beneficiary designations, and estate planning in Ontario. Taking proactive steps now can prevent costly legal disputes later.