Estate planning during the pandemic
By NextHome Staff
July 22, 2020
July 22, 2020
One of the questions we receive frequently is, "Why do I need a will?" People stammer and start, don't want to discuss it and avoid the topic completely. These days, it's more important than ever. All of us who love our families have an obligation to take this simple step to ensure their continuity, if something should happen to them.It is important that you make a will for the following reasons:
- To prevent your estate from going to the provincial government
- To make sure the people you want to leave specific items actually receive them
- To avoid leaving your relatives with costly issues after your death
- To allow you to choose people to act as adoptive parents or guardians, if you have young children
- COVID-19 has brought with it a unique set of challenges when it comes to the preparation and signing of wills and Powers of Attorney