Did you know that in an effort to encouraged the public to write a will, or bring their existing will up to date, the government in British Columbia has declared April 10-16 'Make a Will Week'?
The need to properly plan is not unique to British Columbians. Albertans also need to prepare for their future. It has been reported that less than half of all Canadians have a signed, legally valid and up-to-date will. This number jumps to 80% for those between the age of 18 and 34 years old. A will is the best way to ensure that the people, charities and organizations you cherish most receive the benefit of your estate.
"Everybody should have a will," said Justice Minister Suzanne Anton. "Even if you don't think you have very much, it's better for you to say where you'd like it to go rather than leaving it to others should you meet an untimely death."
"I think people think it's something they'll do in the future and they just don't get around to it. You don't want uncertainty after your death, you don't want people arguing after your death. You can avoid all of those things," she said.
If you die without a will, your estate may not be distributed in the way you would have wished and the costs of administering your estate may also be higher. On a daily basis, we work with clients who struggle to settle the estate of a loved one who died without a valid Will.
Having a will helps ensure that important questions for parents – like who will raise your young children if both you and your spouse die – are answered.
Preparing a Will is easier, and more financially accessible than you may have thought. SUMMIT LEGAL GROUP offers flexible payment arrangements and accepts all major credit cards for Will packages.
Contact us to learn about our Flat fee Will packages which include not only a Will, but an Enduring Power of Attorney and Personal Directive. These living documents will protect you, and allow your family to ensure your wishes are known and financial matters are managed, should you become unable to do so yourself.