The document identified the beneficiaries and directed that they be the only beneficiaries. While holograph wills can be a quick and inexpensive option, it is evident that there are numerous issues that may affect their validity.
Alberta is one of the provinces in Canada that recognizes handwritten Wills. Conclusions The area of holograph wills is rife with acrimonious family disputes and protracted litigation.
In the Niziol matter discussed above, the litigation lasted over 6 years, with legal fees in the hundreds of thousands of dollars.
It is important to reiterate that laws regarding Holographic Wills vary from state to state and some will not recognize Holographic Wills as valid at all.
You can also talk to an estate planner. By Investor Educator Fund Sat.