Regardless of whether you have children or the extent of your assets, having a valid Will is the means for YOU to have a say in the matter.
What would happen if you passed away without having a Will in place? In British Columbia, your assets would be distributed in accordance with the Wills, Estates and Succession Act which came into force on March 31, 2014. And this could be completely contrary to how you will want your assets to be distributed.
You may be thinking that you won’t have to bother with a will if you don’t have any dependents or children and that all of your assets will automatically revert to your spouse through right of survivorship. But, what if unfortunately you and your spouse passed away at the same time? Your assets may end up with unintended beneficiaries.
We encourage you to at least seek advice from a Notary Public you can trust. We can help you settle your estate in a way you truly want it to be handled.
For more information, contact Charmaine!