Making a Will – One of the Most Important Decisions You’ll Ever Make

Making a Will – One of the Most Important Decisions You’ll Ever Make

Posted by Admin1034 in Blog, Uncategorized 03 Jul 2013

When you make your Will, you decide what happens to your estate when you die – and nobody else. It becomes the only legally recognized document that ensures that your wishes about who gets what are carried out the way you planned.

In a very real sense, your Will is the reflection of what you have managed to achieve and the importance you place on the close relationships you have built up.

If you die without a Will…

The results can be chaotic, disruptive and extremely costly. First of all, provincial law will decide how your estate is divided among your family – regardless of your own wishes. Dying intestate almost guarantees acrimony among your loved ones and resentment for you for not making a Will clarifying your wishes. It almost certainly entails higher than necessary taxes and unnecessary costs. So everybody loses – except the government!

Making a Will ensures peace of mind for yourself and the comfort and security that you wish for your loved ones. It’s a win-win decision for everybody. Why not act now!

Even more important than property is the issue of who looks after your minor children.  Without a Will it will be up to the courts and NOT YOU to decide who takes custody of your children.
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What Happens To My Pets After I Die?

A friend of mine recently died of cancer at the age of 57. But Sheila did not leave a Will and so, apart from all her possessions, no one knew what to do with her cats.

The worst thing for me was to find out that the day after her death, that her two cats were put to sleep. The veternarian was told that’s what Sheila wanted. I believe otherwise but unfortunately, there was no Will. Had Sheila made it clear, in writing, those cute little cats would be alive today.

Futhermore, family members who used to get along are now fighting over who gets the insurance and the house and its contents. It will be months before everything is resolved and I’m sure it will be quite expensive in terms of lawyers’ fees and family arguments.

Everyone should leave written instructions about what should happen when they pass away; it is thoughtless of you not to do so. If you love the people and pets in your life, please protect their future while you’re still here.

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