Wills Explained: How to Create a Will in Canada, Avoid Probate Mistakes & Protect Your Wealth

Do you really need a will? What happens if you die without one in Canada—and how can you protect your family, assets, and legacy?

In this episode of The Wealthy Life Podcast, host Sybil Verch sits down with Erin Bury, CEO of Willful, to break down everything you need to know about wills, estate planning, and protecting your wealth.

You’ll learn:

✅ What a will is and why it’s essential
✅ What happens if you die without a will in Canada
✅ The difference between a will and power of attorney
✅ How to choose an executor and beneficiaries
✅ Common mistakes people make when writing a will
✅ How much a will costs—and cheaper online alternatives
✅ How to protect your estate from family disputes
✅ How to ensure your wealth is passed to the people you choose

With over 57% of Canadians lacking a will, this episode explains how creating one is one of the most important (and often overlooked) steps in financial planning. A will isn’t about you—it’s about making life easier for the people you care about.

Erin also shares how platforms like Willful are simplifying estate planning, making it possible to create a legal will in minutes—without the stress, high costs, or confusion.

💡 Whether you’re married, have kids, own property, or simply want peace of mind, this conversation will help you understand how to take control of your legacy and avoid leaving decisions up to the government.