If you die without a will you leave your heirs at the mercy of legal proceedings without any consideration for what your intentions might have been. Despite this, more and more Canadians are dying without having a will in place. If you want to make sure your assets go where you intend them to go, minimize tax burdens on your heirs or even make sure your children are taken care of, you need to take the time to create a will.

Key Takeaways:

• Most people think they don’t have to write a will until they reach their senior years.
• No one has the automatic right to deal with your estate after your death.
• Without a will, a court estate administrator will decide how to divide the money and it may not be what you wanted.

“You might be equally surprised that over half of Canadian adults don’t have a signed will.”

Read more: https://www.bnn.ca/willful-neglect-too-many-canadians-are-dying-without-a-will-1.1012832