WILL: WHY IS IT IMPORTANT?
There are many advantages that justify the importance of the will in notarized form, here are the main ones:
- Choose :
The will allows you to choose and plan how your assets will be distributed. It also allows you, among other things, to appoint a trusted person who will carry out your wishes, called the liquidator. By planning these things in advance, you ensure that you leave less problems for your loved ones, which will give you peace of mind. In addition, by drafting your will with a notary, you ensure that you make these choices in an informed manner, because you will benefit from his experience and sound advice.
- Protect your loved ones:
Without a will, the Civil Code dictates who the heirs will be. In the majority of cases, what the Civil Code provides is not quite the avenue that provides the best protection for your loved ones. Take the example of de facto spouses with minor children. If one of the spouses dies, the children inherit everything. The surviving spouse therefore risks finding themselves co-owners of a house with children, which is far from ideal. In any case, a will will ensure that you protect your loved ones, who, in mourning, do not need an estate headache in addition.
- Prevent inheritance from being squandered
If you have children who inherit while they are still minors, is it really desirable that they receive their inheritance from the age of 18? A will allows you to spread the delivery of the inheritance over a longer period, which will prevent a young person from squandering it on the blow of impulsiveness. In the long term, this can effectively protect the legacy and better serve your heirs.
- No verification required
There are several forms of wills: the holographic will, the will before a witness and the notarial will. The only form that is authentic and not subject to any verification procedure upon death is the notarized form. It should be noted, verification is a legal process, and like any such process, it can be time-consuming and expensive. Moreover, even a will received by a lawyer must be subject to verification. Avoid this to your loved ones, and opt for peace of mind!
- No risk of loss
The notarized will is registered in the Register of wills of the Chambre des notaires du Québec. In the event of death, it is imperative to carry out a search in this register in order to trace the last will of the deceased. Thus, there is no risk of loss or destruction of the will, you can be sure that your loved ones will find it when the time comes, even if you did not inform them of it during your lifetime.