Fall is in the air. The sun is setting earlier, the leaves are changing and it’s cool at night.
Fall is a time for gathering the harvest and anticipation of winter. It’s a time for looking after things, canning, storing, putting things in order for later use.
There is no better time of year than this to do your Will and Powers of Attorney, which are important tools in planning and managing your life and finances.
We are here to explain the process, answer questions, get you started and help you complete the process. These two articles have some useful tips about why Wills are important and how to get started.
The Ontario Bar Association is responsible for the November Wills month program: http://www.oba.org/makeawill
The law firm Hull & Hull have posted this useful article about the importance of wills and powers of attorney.
Lawyers will advise against writing your will yourself. Although a handwritten and signed will can be legally valid, they are not wrong to warn you. Unless you know the formalities of Wills and are careful with the language, there’s real risk your DIY Will won’t do what you want it to, or be legally valid at all.
A happy story of a beautifully hand-crafted Will is that of James Smithson, whose will created the venerable Smithsonian Institute, a treasure forever for the people of the United States:
“James Smithson wrote a draft of his Last Will and Testament in 1826 in London, only three years before he died. He died on June 27, 1829, in Genoa, Italy, where he was buried in a British cemetery. The will left his estate to his nephew, Henry James Hungerford, and stated that if his nephew died without an heir, the money would go ‘to the United States of America, to found at Washington, under the name of the Smithsonian Institution, an establishment for the increase and diffusion of knowledge ….’ After his nephew died without an heir, Smithson’s estate did come to the United States and a debate began about what this new institution would be.”
Like when you buy a car, if you work on Wills a lot, you start seeing them everywhere. But this occurrence, in the Academy Award winning flic Grand Budapest Hotel, was particularly fun. As usual, Wikipedia has an awesome details about the movie.
There are many interesting stories about Wills, a few of which you can find here.
“If neither foes nor loving friends can hurt you, if all men count with you, but none too much; if you can fill the unforgiving minute with sixty seconds’ worth of distance run – yours is the Earth and everything that’s in it, and…
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