Why write a will? - ESTATE PLANNING TIPS
Winnie Quinn, Charitable Gifts Manager

Winnie Quinn, Charitable Gifts Manager

The planning and writing of a will is both a family obligation and a personal privilege. We live in a nation of laws. During all of our lifetime, different laws apply to us. When we are born, our birth is registered as required by law. During life, we comply with legal requirements in purchasing a home, in paying taxes, in securing a passport and in many more of life's activities.

When we die, our life's passing is noted in securing a death certificate and in the probate process. In all of life'sactivities, the law is there.

One of the most important legal opportunities each of us face pertains to the future ownership of our possessions. Before we die, we can make a will that determines who will receive our estates.

In the event we do not have a will, the court or others will decide for us, often ignoring our important preferences. Deciding not to write a will suggests a lack of civic responsibility and a lost opportunity to demonstrate our love to those whom we cherish.
Every person has the legal right to make a will. Details of your will include the naming of an executor, deciding who will serve as guardians of minor children, providing guidelines concerning how they will be raised, determining the use of accumulated wealth, and expressing gratitude for all of life's blessings by giving to the charity or charities of your choice.

Life involves a string of choices, and the most important choices we make involve the use and disposition of what we have. This is called stewardship, the management of our resources.

Our acts during our lifetime become a statement of our faith. Our last act, our will, serves as a final testimony of our faith journey in life. We exercise a spiritual privilege when we plan and write a will.

For additional assistance, you may want to contact your lawyer. Or, perhaps you would like our charitable gift planning manager Winnie Quinn to provide you with a Will Planner, which will prepare you to write your will. You can request a Will Planner by calling Winnie at 416-934-3424, or toll free, at 1-866-YES-CMIC (937-2642.

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