Estates & Trusts Archives : September 2018

CED: An Overview Of The Law — Wills — Rectification and Curing Deficiencies

This excerpt from the updated Wills title examines Canadian law with regards to rectifying and curing deficiencies in wills

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The testatrix provided in will that if any of her children, or combination of them, wished to purchase farm property, they could do so at 75 per cent of appraised market value provided they entered into agreement of purchase and sale with her trustee within one year of date of her death. The testatrix's intention in the face of competing offers from the children could not be ascertained.

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