DID YOU KNOW? Less than 50% of the population has a legal will.
If you have marred since you last did your will it is invalid.
If you have divorced since your last will there is potential for serious difficulties in settling your estate. Your estate will be administered by the BC Governments "Estate Administration Act".
If you die without a will, you lose control of how you're assets are distributed.
If you die without a will cause your surviving members a great deal of time, money and emotional stress.
Without a will someone has to apply to the court to become your administrator and this could take several weeks. All of your assets including bank accounts may be tied up.
If you die without a will your children get their share of your assets at age 19 - ready or not.
If you are a single parent and die without a will you give up the right to appoint a guardian for your children - the courts will decide.
The bottom line is - if you think about and plan your will and then write one:
* You can distribute your assets the way you would like.
* Save your loved ones time, stress, and money.
* Protect your spouse and children.
* Save money in legal fees and taxes.
By Sprit of The Northern Healthcare Foundation
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