How many times have you and your spouse talked about getting your wills done? If you’re like my wife and I, probably since you had kids. It’s easy to put this “to do” aside when there’s so many other things going on in our lives and so many other costs that keep popping up, but a will really is an important document that everyone should have.
Unexpected things like car accidents and sickness happen every day. Without a legal will your loved ones may need to figure out what you would have wanted, or worse, the law and courts in the province where you live can decide how your assets will be divided and what will happen to your children. With today’s blended families, not having a will can result in unintended consequences in terms of the division of your assets.
It’s important to have a qualified lawyer draft your will. When you draft a will yourself or use an online will kit there is a greater risk that it could be challenged. It may not be valid or accurately reflect your wishes. A lawyer will help you identify various issues to be considered and discuss the process of how your will be administered and the responsibilities of your executor. A lawyer can also ensure that Powers of Attorney for Property and Personal Care, as well as Living Wills, are properly drafted and accurately express your wishes.
If you already have a will it’s a good idea to review it to ensure it still reflects your intentions. If your circumstances have changed somehow since you initially drafted your will, then you should meet with a lawyer to discuss whether your will is still valid and accurate.
I’d be happy to speak with anyone who’s been thinking about doing a new will, or reviewing their old will to ensure it’s still valid and accurate. Contact me for a no obligation quote at firstname.lastname@example.org or 705-526-9328.