Creating estate plans is an investment to make sure you leave a positive legacy – not a mess – for your kids.

Most parents would shudder at the thought of gifting their teenager a large chunk of money or a home. But that’s what could happen if a parent passes away without a will.

Half of their assets would go to their spouse, the other half would be held by the courts until their child become an adult at age 18 or 19, depending on the province. At that point, the teenager would get a lump sum inheritance.

Now, most parents who intend to gift their children money or real estate want the ability to deliver it at an age where they can manage it responsibly. But a poll conducted in October, 2025, by Willful found that 43 per cent of Canadian parents don’t have a will , which means what

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