Other uses for a dual will plan beyond business

By Stephanie Battista ( June 21, 2023, 8:39 AM EDT) -- In jurisdictions where there are high probate fees, like Ontario, using multiple wills in your estate plan is of particular importance. As you may be aware, you can have two wills — a primary will that governs any asset that would likely attract a request of probate, and a secondary will that governs any asset that does not require a probated will to administer. When the primary will is submitted for probate upon your death, probate fees would only be payable on the value of the assets falling under the primary will....