Mar 26, 2020
Peace of Mind During COVID-19
We hope that you, your family and your loved ones are doing well and staying healthy during these challenging times.
There are many reasons why it is important to have your Will and Power of Attorney documents in place and to ensure that they are up-to-date. In these difficult times, however, we wanted to share with you three important motivators to have your Will and Power of Attorney documents ready:
- Peace of mind
- Family, friends and community
Having estate planning documents prepared and up-to-date gives you the peace of mind that your wishes will be carried out and that your family, friends, loved ones and causes that are important to you will be provided for in the event you become incapacitated. It gives you the control to decide who will make decisions regarding the management of your property and your personal care if you are incapable of doing so. You can decide who will administer your estate and how your estate will be distributed.
We appreciate that estate planning is difficult at the best of times and is often something that we put off doing in our busy lives.
We encourage you to take the time to review your current Will and Power of Attorney documents to see whether they still reflect your intentions or whether they need to be updated. If you do not have a Will or Powers of Attorney in place, we recommend that you take steps to get these documents completed.
We suggest that you prepare a list informing your executors and attorneys for property and personal care where your original signed documents are located, setting out your assets and liabilities, as well as the contact information of your professional advisors, insurance agent, doctors and other key people who will be able to assist them should they need to act. Ensure to include information regarding access to your passwords for your computer and accounts.
We are here to help you with all your estate planning needs, and to answer any questions you may have.
Our firm has developed a COVID-19 Resource Centre to help keep you informed of the legal implications related to COVID-19.