Do you have a will?

[cheyenne]

I do. How many here don't?.

http://www.moneyville.ca/blog/post/916460--why-every-30-year-old-needs-a-will?bn=1

Part of any successful financial plan is ensuring you have a will. While this topic is generally discussed in one’s later years, it’s never too early to start planning for the future — even if it does seem a little morbid.
Young people often disregard wills because they lack assets of significant value. Nevertheless, preparing a will while in your twenties or thirties is the one of the most unselfish acts you can do for the people you leave behind.

Jeanette Brox, a Certified Financial Planner, has heard countless stories of families battling over the possessions of deceased relatives. She has even seen family members fight over teacups. By having a will in place, you help reduce potential family feuds over property. In turn, this will make the grieving process a little easier.

The law states...
According to Ontario law, if you die without a will, a court-appointed trustee will decide how your estate is distributed. But every province has its own set of rules, so make sure you do your homework.

For example, I own a condo with my girlfriend. Legally, she is not considered my spouse, so if I die without having prepared a will, my share of the property will be awarded to my parents and not my girlfriend.
Brox recommends either writing a holographic will or approaching a professional for help. While it is generally recommended to have a lawyer prepare your will, a holographic will may be worth considering if funds are tight.

 

[Kayla T.J.]

hmmmm reminds me that I have some loose ends to tie up.

 

[Hoot]

I don't give a fuck what happens, when I'm dead I'll be resting in peace. Who cares if the government gets all my dough?

 

[Casey R]

If you don't care, feel free to send it my way. :tongue:

I don't have a will, but need to get around to it. Ideally, you'd want to set up your affairs so that your assets don't have to pass through a will. Avoid probate fees.

 

[archnew2]

Don't forget a POA

 

[Jet Leigh]

:neutral: Presume to say you don't have a family :neutral:.

 

[daza3033]

I'm like Auggie, I couldn't care less and have 2 reasons for it.

1) no family yet
2) I have nothing of any value : hmmmm maybe that's not funny!