3 hours and 30 minutes
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(NC) This time of year is ideal for throwing open your windows and blowing out the dust. It’s also a chance to reduce clutter and clean out your wardrobe. But there is an even more important item for your to-do list this spring – preparing your will.
Many Canadians do not have a will. Yet it’s the most important document you will ever write. A clear and thoughtful will can save you and your family a lot of headaches and personal disputes.
If you pass away without a will, the province where you live decides how to distribute your estate. As a result, some money or assets may end up going to people and places you may have not intended. Without a will there would be no special gifts for your lifelong friend or a bequest to your favourite community group, health charity or non-profit organization like Amnesty International.
Many people also never get around to writing a will as they believe it will be costly, but the truth is it can save money. Others also think their estate is too small to have a will, when actually the opposite is true. Probating a will can be very expensive, especially for smaller wills under $50,000.
To receive a free information package on wills and bequests, please write to: Amnesty International, 312 Laurier Avenue East, Ottawa, Ontario, K1N 1H9.