Make a Will Week 2016 is a reminder that it is easier than you think to provide for the people, charities and organizations you care about. There are a many reasons to make a will, and now it’s easier than ever to do so.
To encourage British Columbians to make a will or update an existing one, the Province has proclaimed April 10 to 16 as Make a Will Week. Only a will can make sure your final wishes are clear and will be carried out. A poster created for the week highlights the many reasons to make a will – from ensuring children are provided for to deciding who gets possession of your prized comic book collection or china set.
This week is also a reminder to update an existing will if there are significant changes to your life, finances, health or family situation.
If you die without a will, your estate will be divided according to legislation and may not be distributed in the way you would have wished, decisions will be made by someone appointed by the court, rather than someone you choose and who knows you. Your voice will be missing at a time when it is needed.
A provincewide telephone poll by the Society of Notaries Public of B.C. found that 45% of B.C. adults do not have a current and legal will. For those in the 18 to 34 age bracket, 80% do not have a current and legal will.
Suzanne Anton, Attorney General and Minister of Justice –
“We’ve proclaimed Make a Will Week to highlight for British Columbians that it’s easier than you think to make a will. A will is a gift to your loved ones who are coping with loss. It offers your voice and provides greater certainty that your wishes about the future of your children, your business, your banking accounts are honoured. Most importantly, a will helps your loved ones focus on remembering you.”
Tammy Morin Nakashima, president, B.C. Notaries –
“Making a will is particularly important for single parents and blended families where the law may not align with your wishes. If you don’t designate custody, the decision may be made through the court system. Creating a will also takes less them than you think.”
Jennifer Chow, president, Canadian Bar Association, B.C. Branch –
“A professionally planned estate can eliminate or reduce stress, taxes and conflict for loved ones. 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.”