Aside from Private companies and the natural resources that abound in a country, another sector that often contributes significantly to the growth of a nation’s economy is the Real estate sector. Although often overlooked, the real estate sector plays an essential role in developing the nation’s GDP. Take the United state, for example; the real […]
To simply put it, conveyance is a term used in law to refer to the act of transferring property or interest from one entity to another. In legal terms, the entities involved in this are known as the conveyor/ grantor and a Conveyee/Grantee. Since conveyance refers to the legal transfer of real estate from one […]
As a business owner trying to rent a property for commercial purposes, there are some things you must look out for before you sign that agreement with your landlord (usually the owner of the property). Commercial leases agreements are considered long-term contracts that, on average, can last for at least five to six years. The sad […]
Simply put, to disinherit someone from your will means to remove the entity in question from your last choice. We are saying here, in essence, that, before you can disinherit someone in your will, the entity must have been on that list first and foremost. And maybe due to one or two factors, you have […]
Whichever way you look at it, preparing an estate plan remains one of the most tedious things you will ever do. And the reason why it is considered tedious is very easy and pretty much straightforward -It is not that easy to think about one’s death! But then again, whether you like it or not, […]
Making a Will is one of the most important things a person can do before they die. It involves documenting everything they have acquired throughout their lifetime and making plans for their posthumous management. An important document like that would probably look all fancy, typed up, and created by a professional attorney, right? You might […]
Estate planning refers to the process of preparing and arranging (while a person is alive) for the disposal or management of the person’s estate in the event that they die or become incapacitated. Simply put, it means planning in advance and choosing the people or associations you want to benefit from your estate after your […]
Probate is the legal process of settling an estate. This typically happens when someone dies and leaves a property, money, or other assets behind. The probate process can be complex, but its basic purpose is to ensure that the deceased person’s assets are distributed according to their wishes. To do this, the court appoints a […]
Estate Plans come in different shapes and sizes, but if there’s one thing we know, the process is not one-size-fits-all. Estate Planning is something everyone should do, not just the very wealthy. Without a legal plan, you’re leaving your entire legacy in the hands of the courts. That’s why Saanichton Law Group is dedicated to […]
A trust is a legal contract between two parties to determine how property will be managed after death. The trust manages the property to benefit the deceased person’s beneficiaries. Depending on the type of trust, it may provide for specific beneficiaries, fund retirement accounts for employees, or even pay funeral expenses. Those beneficiaries maybe your […]