Recorded Webinar: Adjustments and Advances in Wills: Drafting Essentials

It’s not uncommon for parents to use non-estate assets to provide for some children, but not others. Adjustments in wills may be necessary in order to achieve fairness, but they can be difficult to do. Drafting suitable adjustment clauses is the subject of this session, including:

• Achieving equality amongst children – how to do it when parents have provided for children in varying amounts using varied means
• Adjustment provisions in the estate plan if one child is favoured over the other
• Will adjustment clauses and drafting hot spots:
  • super death benefits paid directly from the fund to a beneficiary
  • family trust loan account balances standing to the credit of a beneficiary