An Angus Reid poll this year shows that half of all Canadians don’t have a will. People in British Columbia are busy living, and no one wants to think about being incapacitated or about their own deaths. Yet, wills are such an important component of an all-encompassing estate plan in Canada ,and taking the time to […]
Wills can stir up all kinds of emotions, and some of them are not very nice. When British Columbia residents who have expected to be named in wills find that they have been left out, there may be feelings of anger, hurt and resentment. But even though challenging a will can be costly and nerve-wracking, more Canadians […]
Those who have been called to administer the estate of a deceased person should know about clearance certificates. Estate administration in British Columbia means the executor or trustee has been given the duties of making sure certain things take place like the payment of taxes, paying debts and ensuring beneficiaries receive their inheritances. A clearance […]
Shock, disappointment and confusion may be just a few of the emotions you felt when you learned that your loved one’s will was not what you expected. In fact, perhaps you had seen your parent’s will, and the contents of the will discovered after his or her death was not the same as the one […]
Power of attorney is commonly referenced when discussing estate matters but it’s a topic that can cause confusion. More often than not, a power of attorney gives another person the authority to act on your behalf regarding financial matters should you become incapacitated. Like having power of attorney, a representation agreement allows for another person […]
In British Columbia, patients who are nearing the natural end of their lives or suffer from a life-limiting or life threatening illness have the right to create a No Cardiopulmonary Resuscitation (No CPR) form. The main purpose of the form is to inform first responders and health care providers that in the event of sudden […]
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 […]