As a property owner not new to estate planning, you must have heard the term “Will” used in various property management contexts. But you may not know that estate planning is more than a Will. Instead, modern estate planning comprises other important components essential for the comprehensive and effective management of an entity’s assets and […]
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 […]
One of the most prevalent problems facing the Canadian real estate industry is the issue of title fraud. Title fraud occurs when criminals manipulate property ownership records to unlawfully transfer the title of a property, leaving unsuspecting victims in financial and legal turmoil. And with the increasing prevalence of sophisticated cybercrime techniques, protecting oneself from […]
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 […]
The primary role of an executor is to handle and distribute the estate of a deceased person to the named beneficiaries. However, for reasons best known to them, there are times when an executor will fail to carry out their duties. And so, if you are a person of interest in the estate, and you […]
Getting dismissed from a job can be one of the most frustrating things an individual can go through. Apart from losing a source of income, it can also negatively affect one’s mental health. As you’d imagine, there are various reasons why someone might get dismissed from their job. For a start, an employee may get […]
At some point in our life, many of us have already experienced various forms of theft, such as having our wallets stolen, etc. However, you may not be aware of one type of theft: inheritance theft. As beneficiaries, inheriting property or assets from a loved one will always be a privilege. Unfortunately, not everyone entitled […]
When a loved one passes away, their estate may need to go through probate court to be distributed according to their wishes. Unfortunately, sometimes the probate court’s decisions don’t always align with what the family believes is fair and just. If you find yourself in this situation, it’s important to know that you do have options. […]
Losing a loved one can be a difficult and emotional time for anyone. And while the grieving process takes time, practical matters must also be addressed. Understanding the probate process is important if you are the executor of a will or a beneficiary of an estate in British Columbia. In this article, we’ll take you through […]
Estate planning can be a complex and confusing process, and it’s important to ensure to distribute your assets according to your wishes after your passing. One potential tool that you may not know is the Heggstad petition. In this article, we’ll dive into everything you need to know about Heggstad petitions. This includes how […]