Notary Public Preparation of Wills
Uptown Notaries has an experienced notary public available for the preparation of legal wills in Burnaby, Coquitlam, New Westminster, Port Moody and the surrounding areas. Making a will is an important part of safeguarding your family’s future. With Uptown’s notary public professionals and experts you will receive thoughtful, supportive guidance to fit your individual needs and life situation in the preparation of your legal will.
The preparation of a legal will is essential for any adult with assets (real estate, vehicles, etc.) and-or dependents. If you pass away without a will the government will make important decisions for you and your family, such as how and where your assets will be distributed and who will look after minor children. This can also result in higher costs and increased time in administering your estate. To ensure you are not adding any unnecessary burdens to family members during an already stressful time, contact us at Uptown Notary Public for the preparation of your legal will.
Importance and Contents of a Legal Will
A legal will should ideally be made while you are in good health. You must be deemed mentally competent for the will to be valid. Your mental state can be compromised by illness, injury or drugs/medicines. To be absolutely secure in the validity of your will it is a good idea to enlist the legal services of a notary public.
A legally prepared will should leave clear instructions for the executor of your estate. It is important to assign an executor who has the organizational skills and time to execute your will.
A legal will should include:
- How your estate should be handled and who are the beneficiaries
- Who will be administering your Estate – Executor/Trustee
- Provisions for Guardian if you have minor children
- Trust provisions to care for minor children
- Donations to Charity, if desired
- Funeral or Burial Arrangements, if desired
Updating a Legal Will
Changing your legal will is simple. If you are mentally capable you can amend, modify, update or revoke your will at any time. However, to be sure you are not doing anything to declare your will invalid later, be sure to consult with a notary public. Legal wills should be updated whenever there is a significant change in your life circumstances. Consider the following:
- Have your family circumstances changed?
- Have you married or divorced since signing your legal will?
- Has there been a death in your family?
- Are you satisfied with your choice of Trustee and is your named Trustee still able to administer your estate well into the future?
- Has there been any change in the value of your assets?
- Have you made any substantial gifts or loans that should be recorded?
- Have there been any recent changes to legislation that may provide you with tax and probate relief?
Time to Take Action?
Preparation of a legal will is not as complicated, does not take as much time as you may think and will ensure the people you love, and possibly depend on you, are taken care of. Consider who you would like to look after your dependents and who you would like to receive your assets, then give us a call, or schedule a free, no obligation consultation on notary public for legal wills.