Nowadays, there is no such thing as a ‘typical’ family which is something to be celebrated. Having the freedom to decide how to live with the people you love is a wonderful thing. That being said, navigating estate planning can become increasingly complicated when a testator has previously been married or is part of a […]
Aging is inevitable. And one of the wisest, yet most overlooked things British Columbia residents can do to protect their finances as the years march on is to make sure they have a power of attorney in place. It is best to be prepared for the unforeseen, like not being able to make financial decisions due to incapacity […]
When people ask others to make decisions on their behalves, they are likely to choose people they trust. Selecting someone to have medical power of attorney (POA) in British Columbia gives that individual the authority to make decisions regarding health care for the person granting the power. In addition to health care, some of the decisions covered by a POA […]
Never is the time more prudent for fashioning an estate plan than when a couple welcomes children into their family. Positive estate administration in British Columbia means have an all-encompassing estate plan even though new parents likely aren’t dwelling on the future immediately after having children. It may be a wise decision, however, to have documents […]
The time immediately after a loved one’s death is a time for grieving. However, if you were appointed to handle the estate administration, you might have to suppress emotions and tackle this detailed, time-consuming process, which many people might find overwhelming. Fortunately, the lawyers at the British Columbia law firm of Garton & Harris can […]
Talking with family members about death is not an easy prospect. However, doing so can significantly limit future surprises, especially regarding an estate plan that contains important information about the last wishes of their loved one. Having that difficult discussion may actually show loved ones their welfare is paramount. The grantor, or the person to […]
British Columbia residents have different reasons for potentially purchasing a business. A particular company may interest you because it is successful, or it may be available at a low price because it is failing. Will you be able to maintain the success of the first choice, or can you rebuild a failing business? These and […]
Those who take the time to write their estate plans more than likely give special consideration to whom they choose for specific tasks. Giving someone the responsibilities documented within a power of attorney places great trust in that individual not to take advantage of what could be a very volatile financial situation. It is surprising […]
When British Columbia residents are omitted from the will of a loved one, it can cause many emotions to surface, such as sadness and anger. Once they have come to terms with what has happened, they might be able to think more logically and then realize there are some things they may be able to […]
There are many terms associated with wills. Those who are involved in any form of estate planning and administration will have likely come across the term executor. So what, exactly, does an executor do? A person named as an executor of an estate wears many hats. An executor’s main job is to carry out the […]