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Make Sure You Have A Will – If Not For You, For Your Family

Make Sure You Have A Will – If Not For You, For Your Family

Benjamin Franklin once said “In this world nothing can said to be certain, except death and taxes.”

So, given the certainty of these two situations you would think that putting a will in place would be a natural practice for everyone.

Unfortunately, this is not the case.

Amazingly, 51% of Americans aged 55 to 64 and 56% of Canadians do not have a signed will in place.

The recent death of Prince has shown a light on this issue s he also didn’t have a will in place when he died. As a result, the government is now stepping in and having to manage the estate.

This will mean that without any direction from Prince, his estate will now be distributed by government authorities based on what they think is appropriate.

These situations can cause major family relationship challenges and strife.

So, if you don’t have a will in place, you probably should. If not for you then for the benefit of your family. They will have enough to cope with after you are gone never mind having to add this situation to the list.

Pattie Lovett-Reid shares more on this topic in the following video from BNN entitled “Where There’s A Will There’s A Relative”:

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