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Bypass trust

The Pros and Cons of a Bypass Trust

Creating an estate plan is one of the best ways to manage and protect your wealth. Estate planning simply refers to the arrangement an entity makes. At the same time, he is still alive to manage and distribute their property or assets during the entity’s lifetime or after their death. In short, the sole purpose […]
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Estate and Inheritance Taxes

3 Most Common Real Estate Issues in Bc

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 […]
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leases

Top 7 Myths and Mistakes in Estate Planning

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 […]
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Executor misconduct

Probate: What Is It and How Does It Work?

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 […]
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different types of trusts in BC

A Guide to the Different Types of Trusts

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 […]
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representation agreement

What Is a Representation Agreement?

Life is unpredictable under any circumstances but even more so in the midst of the coronavirus pandemic. If something were to happen to you, whether a sudden illness or an injury, are your personal affairs protected? If not, you may want to consider having a Representation Agreement drawn up with the help of a lawyer. […]
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