Going through life without doing any estate planning is like going on vacation without making reservations. Odds are, upon reaching the final destination without any plans, there will be chaos and frustration trying to sort things out. Wills are the primary tools for dispersing estates in British Columbia, and making an effective will requires careful […]
As death is inevitable, it only makes sense to plan ahead for when it happens. Wills are the cornerstone of estate planning, and are the most common method used in British Columbia for distributing an estate. In an ideal world, the will passes through probate and administration without a hitch, and everyone tries as best […]
End-of-life discussions can be uncomfortable, and many people would rather avoid them. They can be very important, however, and the opportunity to have them is finite. A great many people in British Columbia and across Canada have not talked to their kids about their wills, a study finds, but doing so could smooth the estate […]
The end of a person’s life is not something most people look forward to, but it is something for which it is worth planning. Making decisions in advance, and then keeping them up-to-date, can relieve the potential burden on loved ones in the future. Wills, powers of attorney and advance directives are important documents that […]
Looking ahead to one’s own demise is never a cheery business, but it is a job that needs to be done. When a family is grieving it’s a very upsetting time, but there may be some comfort taken from receiving the gifts left behind by a parent. Unfortunately, too often children feel they have been short-changed […]
Thinking about one’s inevitable demise isn’t fun, but making plans for enriching one’s heirs and other beneficiaries at least brings some comfort. Wills are the most common way to distribute assets after death in British Columbia, but there are other ways to do so. In fact, with careful estate planning, the complexity of probate could […]
In preparation for their eventual demise, many people make arrangements for the distribution of their estates after their passing. Wills are probably the most common method employed for this task. Although a person may choose to distribute an estate however he or she sees fit, within reason, there may be circumstances in which disgruntled heirs […]
There are many legal tools available to help men and women in British Columbia transition into old age with fewer worries. Wills, power of attorney and other advance planning directives are excellent methods of preparing for future possibilities. Granting power of attorney, in particular, is a versatile way for anyone looking to secure his or her care […]
There are many projects that can be viewed as do-it-yourself tasks. Simple household repairs and basic car maintenance, for example, are chores a lot of people choose to handle on their own. More complicated endeavors, like electrical work or replacing a transmission, may require a professional. The same can be said of wills; while there […]
There are many responsibilities assigned to the executor of an estate. Of these, probate is perhaps the most important, as it precedes all other aspects of administering the estate. In order for probate to proceed in British Columbia, several important documents must be submitted. The Submission for Estate Grant provides the court with some relevant details […]
It may be that a man or woman has the good fortune to acquire an asset of such value, financially, historically, or sentimentally, that he or she wishes to be certain it stays within his or her family. Ensuring the continuity of a treasured asset can be an important part of estate planning. For most […]
Acting as executor of an estate can be an emotional roller coaster. While seeing beneficiaries receive their gifts may bring some comfort or even joy, there are other aspects that provide neither. For example, no one enjoys paying taxes at any time, but even after an individual has passed away, the government is still owed […]