Beneficiaries are a huge part of any will, and who you have as your beneficiary may affect your entire will. For instance, let’s say that in your will, you want to leave ten dollars to your daughter, but on the will the beneficiary is your husband, your daughter will not be seeing any of that money. That’s why it is always important to plan and update beneficiaries on your will. A great way to plan who will get what in your will, is to use tools and resources. The first thing you should do is pay attention to what is in your checking account and savings accounts. In case you die, all that money could be fought over in an ugly battle in court. To avoid a nasty battle, you should always use the transferable on death option that many banks have. It allows you to name someone you would like to control the money in your accounts. It’s a great way to avoid court battles, and it’s a responsible act made by you. Changing your beneficiary requires paperwork, and you can get those papers at any courthouse in Canada. It’s important to make sure that you list more than one, if you have a will stating that you want to give more than one person an inheritance.