Pitfalls lurk in final passage

Even if the person had the foresight to prepare a will there are many pitfalls. We thought we had it all under control when my mother died, but this was not the case.

The first hurdle was Canada Pension Death and survivor benefits. This is a waiting game that takes months, even if the forms are correctly completed.

Further, if you are under the illusion that you will automatically receive 60 per cent of the deceased person’s benefits you are in for a surprise. There is a cap. So if you are in receipt of CPP, a deceased spouse’s entitlement will only top you up to the CPP maximum.

For the most part, banks are good at assisting with cancellation of credit cards and changing account information, but you need to be vigilant.

Each government department has its own protocols as we discovered with changes in vehicle registrations and license plates.

Ironically, one of my most challenging exercises was with a point card program. The account was only in Mom’s name although she and Dad each had a collector card.

After 10 months and numerous pieces of correspondence, the points collected on the card prior to my mother’s death are still in limbo.

Legal advice helps

I have also discovered that there is absolutely no substitute for good legal advice. You do not need a lawyer for preparation of a will or power of attorney, but these are complicated documents that are very necessary.

Appointing someone you trust with the task of making important decisions if you are incapacitated is vital. If you have minor children, who cares for them? Do you want to be an organ donor?

A small legal expense now can save your family a great deal of anxiety in the future. The Legal Information Society of Nova Scotia has some useful pamphlets and information available at minimal or no cost about wills, powers of attorney and enduring power of attorney. Its website is www.legalinfo.org

Finally, although it can be awkward or difficult to talk about the issue with those who will survive you, make the effort. It is also useful if you write it out and keep these requests with your will.

It is never easy to lose a special person, but with a little thought and concrete action you can simplify the entire process for those who care about you.

kristy@ns.sympatico.ca