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While most don’t want to think about their death, the process of making a will is an important one.
Make a Will Week is happening from April 10 to 16 as a reminder to British Columbian’s that making a will is easier than they may think.
“A will is a gift to your loved ones who are coping with loss,” said B.C. Attorney General and Minister of Justice, Suzanne Anton.
“It offers your voice and provides greater certainty that your wishes about the future of your children, your business and your banking accounts are honoured. Most importantly, a will helps your loved ones focus on remembering you.”
The B.C. government said making a will ensures a person’s final wishes are carried out. If a person dies without a will, their estate is divided according to legislation and may not be distributed in the way a person desires. Decisions will be made by someone appointed by the court, rather than a person chosen by the deceased.
“A professionally planned estate can eliminate or reduce stress, taxes and conflict for loved ones,” said president of the Canadian Bar Association, Jennifer Chow.
“We know that a legally-prepared will ensures that your wishes are carried out for the benefit of your family and the organizations you support.”
A will should be created or revised whenever there is a major life event such as the birth of a child, change is family finances, a marriage or divorce or before major surgery.
A province-wide telephone poll by the society of Notaries Public of B.C. found that 45 per cent of B.C. adults do not have a current and legal will. For those in the 18 to 34 age bracket, 80 per cent do not have a current and legal will.
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