[ON] Common Law Partner Death

Hello,

I've been diagnosed with a near-terminal disease. To keep it simple, I have a 65% chance of my current treatment completely curing me. But even if cured, I also have a very high chance of recurrence within 5 years, which brings with it a 75% 2-month mortality rate. And if the disease progresses without recurrence, I have a 10-15% chance of survival.

Bummer, but I'm not here about the specifics of my disease, I want to make sure my partner is protected if I pass.

My common-law spouse and I have been common-law for 13 years. We have joint primary chequing, joint LOC's, individual credit cards, and a joint mortgage. (Take this as your lesson to get critical illness insurance on your mortgage, sigh).

We have no children. We're in our early 40s. I have a pension and other investments through work that already have him listed as the beneficiary. We live in Ontario.

What is the best / most cost effective / easiest way to ensure everything is done to protect him if I pass away? I don't think I have to worry about family coming after anything, my parents are wealthy enough on their own. But famous last words and all, I'd like to make sure it's set in stone.

I'm going to be posting this separately in a Canada Finance Advice sub as well, so I'm looking for the wills / estate / legal side of this here. Any help or advice would be much appreciated.

(Also, if the answer is "go to the courthouse and get married", that's fine. We're not against doing that, if it's the easiest and cheapest way to get this done. I'm off work with a limited income for a year, so cheapest is ideal lol)