How much does a will cost in Canada?
A simple lawyer-drafted will typically costs $400–$1,000. A will paired with powers of attorney (a common package) often runs $700–$1,500. More complex plans involving trusts, business succession or multiple wills can cost several thousand dollars. Online will kits are cheaper but riskier for anything but the simplest estate.
What documents make up an estate plan in Canada?
A core Canadian estate plan usually includes a will, a Power of Attorney for Property (financial), and a Power of Attorney for Personal Care (health). Business owners in Ontario and BC may add a secondary will for private company shares to reduce probate fees, and some plans include trusts.
Is a lawyer worth it versus a will kit?
For simple estates, a well-completed will kit can be valid, but small drafting or witnessing errors can invalidate it or cause disputes. For blended families, business interests, disabled beneficiaries or cross-border assets, professional drafting is strongly recommended — the cost is small next to potential litigation or tax.
How can I reduce estate planning costs?
Come prepared with an asset list and clear wishes, bundle documents (will plus powers of attorney) for a package rate, and keep the plan as simple as your situation allows. Investing in good planning usually reduces far larger downstream costs like probate fees, taxes and family disputes.