Ontario Community Newspapers

Oakville Beaver, 16 Mar 2017, p. 18

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ww w .insideH ALTO N .com | OAKVILLE BEAVER |Thursday, M arch 1 6 , 2 0 1 7 | 18 T A K I N G C A R E OF B A S I C S T h i n k i t 's in y o u r w ill? T h in k a g a in . Even if you're relatively young, it's never too soon to draw up your Last Will and Testa ment. And it's a good idea to explain what's in your Will, and what isn't, toyour loved ones. What shouldn't go in your Will? You can keep out those assets for which you've already designated a beneficiary. These might include your RRSP, RRIF, life insurance, annuitiesand property held in a trust. Here's one m ore important item to keep out o fyou r Will: your funeral instructions. Typically the settling of an estate, which involves reading the Will, does not happen until after a funeral. So instead of leaving your So, what should go in your Will? · D is trib u tio n o f p ro p e rt y - You can specify howyou wantyour property distributed among your various beneficiaries. · N a m in g o f e x e c u t o r - A n executor will carry out the terms of your Will and administer your estate. Administering an estate can be complex, so choose someone you can trust to manage your financial matters competently and honestly. ·A p p o in tm e n t o f g u a rd ia n - If you have children under 18, you should name a guardian to look after them if something happens; you don't want the courts to decide your children's destination. funeral wishes in your Will, where no one will see them until it is too late, talk with your loved ones about what you want. You can even create a separate document spelling out your desired funeral arrangements, and then give it to the executor of your estate. Become familiar with what's in your Will, and what's not, and share this information with your loved ones. The more they know today, the less frustration and misunderstanding they'll experience when it's time for your estate plan to be settled. From left, United Way of Oakville's Rita Thompson, Hope Place Centre CEO Deborah Gatenby, SAVIS of Halton Executive Director Alma Arguello, Halton Women's Centre Executive Director Martha Barragan, and United Way's Anne Smith pose with the donated feminine hygiene products during Tampon Tuesday at the Galaxy Club-Unifor Local 707 Hall. Simultaneous Tampon Tuesday events took place across Canada to help women's shelters and other organizations ensure women in need have access to necessary feminine hygiene products. The collected feminine hygiene products were donated to Sexual Assault & Violence Intervention Services of Halton (SAVIS), Hope Place Centres and The Women's Centre. | Nikki Wesley/Metroland Article provided by: Glen Oaks Funeral Home & Cemetery. For more information please call 289-351-1040 Correction: In the above photo, Martha Barragan was incorrectly identified in our Thursday, March 9 edition. The Oakville Beaver regrets the error and any inconvenience it may have caused. % · · 1 S T A P t f S happens m o re BLAZER D o r v a l C r o s s in Over 6 0 Shops & Services located at the QEW & Dorval Drive Visit d o r v a lc ro s s in g .c o m for more information PROUDLY M A N A G E D BY B entall Kennedy

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