According to a recent poll, 51% of Canadians don’t have one.
June 29, 2022
Do you have a will? If not, you’re not alone. According to a recent poll, 51% of Canadians don’t have one. However, a will is an extremely important document, and any adult should seriously consider getting one.
For those who may be unaware, a will is a document that clearly states what should happen to your estate when you die. It dictates how you want your property and assets to be distributed, names a guardian for your children, and leaves other instructions like funeral arrangements. A will is so important because the law decides where all your assets go if you die without one. The good news is that getting a will is a relatively easy process — you just need to keep a f`ew things in mind.
Key considerations when creating a will
Wills can be as generic or as custom as you wish. However, there are a few things that are consistent in almost every will, including:
Making a will
When it comes time to create a will, there are a couple of ways to go, and they don’t have to be expensive or complicated. The two most straightforward ways to create a will are:
Once your will has been created, you should store it somewhere safe and ensure your executor knows where to find it. Another good reason to use a lawyer is that they typically keep a copy of your will as well, in case no one can find your copy.
Having a will is something that every adult should have. You work your whole life to accumulate what you have, so you should have a say in what happens with it after you die. And unfortunately, death can come quickly and randomly, so it’s a bit of a gamble to wait until you’re elderly to write a will. Feeling overwhelmed? Don’t worry: Lawbrokr provides a platform that allows you to browse a database of estate lawyers and connect with them at your convenience. By using Lawbrokr, you can find the perfect lawyer for your situation.