Vancouver: Half of the British Columbians do not have Will according to a province-wide poll conducted in March 2014 by Mustel Group for The Society of Notaries Public of BC. The Mustel Group conducted an omnibus telephone poll in March 2014 among 502 adults in BC. It found that 20% of people in the 18-to-34 age range, 51% between 35 and 54, and 83% of individuals 55+ have a Will in place.
Asian Journal spoke with Tarlok Sablok of Sablok&Sablok Notaries Public on the Poll statistics, he said, “Will is very important document which is not being used properly. People who have not created a Will are leaving the future of their family, especially children on chance.”
The senior notary further added, “Many a times in my long career I have come across a myth about Will – most people believe that if they write a Will they will die soon, which is utterly wrong.”
If a person dies without a Will, then the estate goes to Public Trustees who keep the money safe till the children of deceased turn 19. But at times young adults are not mature enough to manage the wealth and put themselves to many risks of real world.
I recommend people should make a Will when they are young, you don’t have to wait to be old and fragile to do a Will,” said Tarlok Sablok. Many times elderly people suffer with diseases like Dementia, Alzheimer’s which incapacitate them to make a Will; law does not recognize Will made in incapacitated condition. Province of BC’s has proclaimed that March 31 to April 6 is “Make a Will Week” to encourage more British Columbians to create a Will or bring an existing Will up-to-date.  Make-a-Will Week 2014 coincides with the Wills, Estate and Succession Act (WESA) which comes into effect on March 31, 2014. WESA streamlines seven acts into one, providing greater certainty for individuals who put their last wishes into writing, and clarifies the process for distributing estates where there is no Will.