Many people have a strange notion that the best time to write their Last Will and Testament is just before they die, and that preparing the document today is unnecessary. We’ve even had people on our Facebook page say that “fortunately, I don’t need a Will yet”. We made reference to this in an earlier blog article and explained that there are at least three important issues with taking this approach;
- You really don’t know when you are going to die
- When we are about to die, we may not have the facilities in place to write a Will, and it may not be the first thing on our minds
- We may actually lack the mental capacity to prepare a Will at this time and the document is more likely to be challenged.
It has also been suggested to us that some people feel that preparing their Will is actually tempting fate; in other words, if they write their Will, they are actually more likely to die!
We try to explain to people that a Will is not a final document; it can be updated throughout one’s life. In fact, it should be reviewed on a regular basis and updated whenever there is a change in financial or personal circumstance, and not just for the Will writer, but also a change in circumstance for anybody mentioned in the Will. It is always a good idea to have a Will, even if you are young and healthy.
This was made even clearer to me in the last week by two separate incidents that happened to my close friends and neighbours. Fortunately, nobody was hurt, but it demonstrates how quickly things can go wrong.
The first incident happened a few doors down the street. We’ve had a very long hot summer here and one afternoon for whatever reason, some dry grass ignited in the back yard of a house. It quickly caught onto some bushes, a tree, then some power lines which ignited the roof of the house. Within a few hours a beautiful residential house was completely destroyed. Nobody’s fault and there was nothing that anybody could have done.
The next incident happened just a few days later at a friend’s cottage. The days of humidity finally broke and a thunderstorm came through. A few miles from here, the thunderstorms came out of nowhere and were violent. My friend was stranded in their cottage while trees were being uprooted all around them. After an hour or so, they emerged from the cottage to see complete devastation.
Natural disasters do not need to be on the scale of a Tsunami or a Katrina. They can happen very close to home and barely warrant a mention in the news. But the impact can be profound.
None of us are immortal and it doesn’t matter how healthy we are, or how careful we are; things like this can happen.
Fortunately at sites like LegalWills.ca, USLegalWills.com and LegalWills.co.uk you can create your Will in a matter of minutes, from the comfort of your home at a fraction of the cost of paying for legal advice. It doesn’t make sense to procrastinate when you can have peace of mind by the end of the day today.