We’ve all heard stories of unhappy consequences of someone who failed to have a will made, keep it updated or put it in a safe place.
Why then, do only 45% of Canadians have a will? Click here to see our YouTube video that shares the importance of having a will!
So why don’t people update or make a will? Creating a will for some, believe it’s a daunting task, and why many may put it off. And for updating one? It’s a task that I hear people say, “It’s on my list to do.” A will minimize legal fees and can help avoid a lengthy probate process or potential litigation that prolongs the settling of your estate. Having a will provides peace of mind! When you make a will, file a Wills Notice with the B.C. Department of Vital Statistics.
As well as a will, your estate plan can include creating a power of attorney, representation and trust agreements.
Is it time you met with a lawyer to create your estate plan? It is never too early to start. You can update your estate plan in the future as your wants, needs, or circumstances change. Part of HELM's 55 AND BETTER system connects you with estate planners who work with older adults and their families and will provide personalized estate plans to suit your needs, saving you time, and money while providing peace of mind.
Call anytime, always just a phone call away! 604 730 2600
The Importance of Having a Will
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