Why you need a Will

Appointing an Executor: You can name an executor in your will, who will be responsible for managing your estate, paying off debts, and distributing assets according to your instructions. This ensures that someone you trust is overseeing your affairs after your death.

Distribution of Assets: A will allows you to specify how you want your assets, such as property, money, investments, and personal belongings, to be distributed after your death. Without a will, your assets may be distributed according to the default laws of intestacy, which might not align with your wishes.

Appointing Guardianship: If you have minor children, a will allows you to designate a guardian who will take care of them in the event of your death. Without a will, the court will decide who should take custody of your children, and this might not be in line with your preferences. A notary will work with you to understand the laws and how to draft a will to support your appointed guardian that aligns with your wishes.

Reduce Family Disputes: A clear and well-drafted will can help prevent potential disputes among family members over the distribution of your estate. When your wishes are explicitly laid out, it can reduce the likelihood of disagreements and legal battles. A notary can advise on the laws in B.C. around the distribution of your estate to decrease the chances of your will being contested in the future so your wishes stand.

Business Affairs: If you own a business or have business interests, a will can appoint your executor to manage your business affairs on your death.

Expressing Personal Wishes: A will allows you to communicate your personal wishes and values, ensuring that your legacy is preserved according to your own beliefs.