The Use of the 2nd, 3rd…Wills

In Ontario, the commonly known “Secondary Will” has become the norm for private business owners who, in many cases, have simply followed the popular mantra that owning a business means you should have a second Will.  Written as part of a continuing professional development program for the Ontario Bar Association’s Business Law Section. Loopstra Nixon discusses the importance of engaging qualified and specialized professionals in the cost-benefit analysis of having multiple Wills.  Further, this paper speaks to when more than two Wills may be appropriate.