Why is it Important to Have a Will?
Writing and authorizing a will is essential if you want authority over the distribution of assets, who acts as the executor, and guardianship of loved ones. However, many people neglect writing a will because it appears scary and not urgent. Over 55% of adults in BC currently do not have a will.
Passing without a will can strain and add stress to grieving friends and family members. Without a will, the distribution of your assets will still go to your beneficiaries, however, not before someone hires a lawyer to apply to court to be granted powers of administration over your estate. That is money and time waited and completely avoidable with basic planning. That is why it is essential to have a will in place.
The Benefits of Writing Your Will Now
Writing a will should not be put off until you are on your last days. Accidents can happen at any time. Furthermore, creating a will earlier can also remove the anxiety and fear that often comes with it. A will can be changed and altered at any time. Therefore, it does not need to be set in stone permanently. Additionally, writing a will now can make subsequent adjustments easier. Re-visiting a will once a year is a great way to stay organized and up to date.
As a parent, it is especially important to have an up-to-date will. Without one, you will have no say over who raises your children.
Creating a Will is Easier Than Ever
The BC government has placed a big emphasis on creating a will. Their planned Make-a-will-week is coming up in British Columbia. From October 3rd to the 9th, the government is encouraging people to create a will. If writing a will is something you have been considering, there has never been a better time.
Even though a will can be done by anyone, it is important to have a will professionally written. As you are paying for the years of training combined with practical experience in this area of a professional that specializes in Wills. Using Zancope Notary means you can be sure that the will is valid and enforceable. Our team of experts can guide you through the process and ensure that all the tough questions are answered ahead of time.
At Zancope Notary Public, our specialty is Wills and Estate Planning documents (Representation Agreement and Power of Attorney). We are a full-service firm with two notaries full time at the office. We also offer real estate services for clients in Langley and throughout Greater Vancouver and the Fraser Valley. We can help you with buying, selling, and refinancing real estate, and provide family property transfers and independent legal advice.
If you have any questions about this article or estate planning, in general, or if you want to make an appointment with Zancope Notary Public, please contact us at (604) 260-6783.