As we noted in our previous blog, just over half of all Canadian adults do not have a Will. We think it is probably fair to say that the majority of those Canadians without Wills are aware that they should have one. Anecdotally speaking, whenever someone finds out what we do, their first comment is generally an acknowledgment that they should get their Will done.
Perhaps part of the issue is not knowing where to start. Also, the process of having a Will prepared may itself seem overwhelming. And let’s face it, it is not easy to contemplate one’s death and how best to provide for one’s loved ones.
Follow these steps and start your Will today!
If you don’t have a Will or you have a Will but you know that it is out-of-date and should be updated, here are three simple steps to help get the ball rolling:
- Begin by simply taking some time to think about what your estate planning goals are and what you might like your Will to say. Here are a few questions to get you started…Are there certain household goods or personal effects that you would like to gift to specific people? Do you have a favourite charity you would like to benefit? Would any of your beneficiaries benefit from a trust?
- Doing your Will involves a thorough review of your assets to ensure everything will be distributed at your death as you intend. Start collecting the information you and your lawyer (more on this next) will need such as asset papers, beneficiary designations, the deed to any real property you own, etc.
- Find a lawyer who has experience working with clients on their estate planning. Search the web and particularly review the lawyer’s expertise in this area. Ask your friends and colleagues if they have worked with someone and whether they would provide a referral. Once you find the right lawyer for you, go ahead and make that first appointment so you have a date to work towards.
Want to get the ball rolling on your Will?
Have questions or want to get the ball rolling on your Will today? Call 613.836.9915 or email firstname.lastname@example.org to make an appointment to meet with one of our lawyers today at our law office in the Kanata-Stittsville area of Ottawa. Give yourself and your family an early Christmas present and start the process of doing your Will today.
Reproduction of this blog is permitted if the author is credited. If you have questions or if you would like more information, please call us at 613 836-9915. This blog is not intended to be legal advice but contains general information. Please consult a lawyer or other professional to determine how the information in this blog might apply to you.