Law and Ordower

Do I Really Need a Will?

Posted by Jana Lambert on Jun 10, 2019 1:01:16 PM

Drafting a Will is not something most people are very keen to get around to do. After all, who needs a tangible reminder of their own mortality? It is not entirely surprising, then, that according to a not-too-old survey, the majority of all Canadian adults don’t have a valid Will in place. Sure enough, not wanting to think about dying was one of the frequently mentioned reasons for not having created this document.

While thinking about one’s own inevitable demise can, indeed, feel uncomfortable, the consequences of not having a Will can be far more unpleasant. Creating an estate plan - a set of arrangements regarding how your property and assets will be handled after your passing - is a way of preserving your legacy and protecting your family.

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Topics: power of attorney, Estate Planning, will