Sunday, April 22, 2007

Canadian Will Advice

Have you made a will to protect your family? A lawyer friend of mine was telling me about how many estates he has handled where the family is left trying to find hidden security boxes, trying to free up RRSP's held by the Government, and settling disagreements on personal belongings all because a will was not created.

The problem is so large that The Bank of Canada has a Library of unclaimed estates:

The Bank of Canada makes information available to the public without charge:

On this Internet site (excluding balances below $2.00) by mail:
Bank of Canada, Unclaimed Balances Services,
234 Wellington Street, Ottawa, Ontario K1A 0G9
by fax: (613) 782-7802

A request for a search must include the full name of the individual, the addresses of his/her past residences, and the year of death if the individual is deceased. The full list of unclaimed balances may also be purchased on a CD ROM(data only) for $72 plus GST and PST plus $3 for shipping. Send your request and money order or certified cheque to the Bank of Canada at the above address."

"Unclaimed Balances" Bank of Canada
http://ucbswww.bank-banque-canada.ca/faq_english.htm

Don't leave your assets to the Government and create a will today. A book on wills can be found at
The Canadian Financial Security Program website.

If you have any advice on creating wills please share them with my readers on my post.

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