Estate Bank Accounts: Why Executors Should Open One
The size of the estate and the number of transactions during the estate administration process can make it very complex for the estate executor to manage all the debts the estate owes and the funds coming into the estate from…
Estate Planning: Six Reasons Why an Update May be in Order
Many people don't start thinking about their estate plan until they are thinking of retirement, or see will writing as a 'set and forget it' exercise. Will writing can be a long, tiring and emotionally stressful process and as a…
Dangers of Foam Pits and Injury Liability: Injuries at Convention in San Francisco
Cohabitation Agreements: The Basics
Testamentary Incapacity- Appointing a Committee in BC
Many people beginning their estate plan fail to consider the possibility that they will become intellectually incapable as a result of a degenerative disease, like dementia. For the family of people experiencing degenerative disease, the implications of the illness on…
Varying a Trust: Courts Approving Trust Fund Modifications
In the estate planning process, people commonly use trust accounts to give gifts. They can also create purpose trust accounts, which designate funds for a specific purpose. Some common trust accounts that are made in wills include: Trust accounts made…
BC Court Refuses to Compel Sale of Shared Asset
Many couples own shared assets, and it is not uncommon for couples to hold tenanted investment properties together. When a relationship ends, co-owners must divide the shared assets. This division may necessitate selling the shared assets to split the proceeds.…