Email
Password
Remember meForgot password?
    Log in with Twitter

The wisdom of preparing a will

By Lemery     Feb 19, 2007 in Lifestyle
"Many people haven’t gotten around to writing a will. They think it’s no big deal, since all their assets will go to their spouse when they die. But that’s not the case if you have children.
Your spouse gets the first $200,000 of estate value un...
"Many people haven’t gotten around to writing a will. They think it’s no big deal, since all their assets will go to their spouse when they die. But that’s not the case if you have children.
Your spouse gets the first $200,000 of estate value under Ontario law. The rest is split between your spouse and your children, according to a rigid formula. This could deprive your spouse of the money needed to cover daily living expenses.
You have to understand that the government writes your will if you don’t write one - and your family may not like the results."
Read the last part of the quote above from the article. THE GOVERNMENT writes the will. They could do what ever they wanted to do. I think its best that you pick up your pen and paper and get crackin' there buck-o because "when the bullets start flyin, draws gona be droppin - C3NTS".
Me myself, I do not have a great fortune, so I do not really require a will. However, I know there are retired people with millions of dollars reading my articles, so please take my advice, make a will before you cant swill.
Until next time,
Lemery the King.
More about The, Wisdom, Of, Preparing, A