You know that a Will is important, but you keep putting it off, seeing it sit unchecked on your “To-Do” list month after month. You’re not alone. One of the top things we hear from our clients is that they’ve been meaning to attend to their Will, but have felt overwhelmed and unsure where to start. (The other most common feedback we hear is that they’re “so relieved” to have their Will done now and that we made the process “painless”).
Here are 5 easy steps to help you start – and finish – your Will:
- Beneficiaries
Think about who is important to you. Do you have a spouse? Kids or other dependents? Pets? Do you have a charity that you support?
- Guardian(s)
If you have minor children under the age of nineteen, consider who you would name as Guardian if something happened to you (and your child’s other parent). Depending on the age of your child(ren), an easy way to start might be to ask who they would be comfortable with or prefer as their Guardian. Other considerations can be given to geographical proximity of the potential Guardian (compared to where you live now) and willingness and ability for that person to take on the role.
- Executor(s)
Who do you want in charge of managing the distribution of your Will, making your funeral arrangements, applying for probate, paying your final bills and overseeing trusts for minor children? The role of the Executor is an important one and should be given to someone who has good record-keeping skills, who is fair and honest, and who will be a clear communicator – especially where there are many beneficiaries.
- Schedule an appointment with Krische & Co. Notaries
Tel: 604-576-3211 or [email protected]
All you need to bring is your identification (2 pieces). In as little as a 45 minute discussion, our notary can make note of your wishes (from steps #1-3 above), provide you with estate planning advice and answer your questions.
Click here to learn more about a Notary’s role in your estate planning
- Sign your Will
Depending on your preference and schedule, we will either schedule your next appointment before you leave your first appointment, or we will contact you one to two weeks after your initial appointment. Your second appointment with us is the last step and simply involves attending our office to review and sign your new Will.
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