Joint ownership of real estate is a common practice in British Columbia because of its many advantages. However, before agreeing with someone to co-own real estate, it is crucial to understand the dos and don’ts of joint ownership to ensure a harmonious and legally sound arrangement. In this article, we will provide a comprehensive guide […]
Your estate executor or trustee is the person who handles your estate, distributes your assets, and follows the instructions in your Will. When creating a will or trust, selecting individuals or organizations that can effectively manage your estate and carry out your wishes after your passing is crucial. While family members and friends are often […]
Some legal rights and responsibilities come with owning a property in British Columbia, and you must understand them all. As a resident of British Columbia, one thing that can affect your right as a property owner is what we can call an easement. An easement is something that, over the years, has always divided opinions […]
Since it is obvious that we will all die one day, leaving behind a good reputation is just as important as having your estate planned before you pass on. When you plan your estate before you pass on, you create a legal document that will speak on your behalf after you have departed this world. Estate […]
Estate planning law recognizes all kinds of relationships, including domestic relationships or partnerships. When you are in a domestic relationship with another person, you can create an estate plan together so that when one partner dies, the estate plan will determine who will inherit the deceased properties. However, if a domestic partner dies intestate or […]
Aside from clothing, food, and money, another extremely important thing that humans needs for their day-to-day survival is to have a place to stay. People need the house for many reasons: one is to have a place to sleep in and grow the family. The other reason is to have a place for all commercial […]
There are several reasons why someone might want to contest a will. Perhaps the person believes that they have been unfairly left out of the will or that it was not properly executed. It is important to clearly understand the grounds on which the will can be contested to contest a will successfully. Generally, a […]
Before you can call yourself a real estate owner or even attempt to move to a newly acquired place, there are some details you need to iron out first and foremost. Some of these include hiring a qualified house agent to help you hunt for that perfect building and making an offer to buy the […]
Often at times, many people usually assume that Estate planning is only for the rich. This, by a long distance, is one of the weirdest misconceptions flying all around. Estate planning is something anyone can and should do. You can be as rich as Elon Musk before planning your estate. The uncomfortable truth is that […]
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 […]