How Property Passes on Death
A Will does not necessarily distribute all of a deceased’s property. Strategically navigate property distribution with trusted will and estate planning.
Adding Adult Children to Property Title: Risks and Considerations
Adding adult children to property titles in BC may seem advantageous for avoiding probate fees, but it poses significant tax, legal, and family risks. Conflicts over ownership, exposure to creditors, and potential capital gains tax can arise. Exploring safer estate planning alternatives can help minimize these complexities and protect family harmony.
Helping Your Child In Purchasing Their Own Home
Supporting your child in purchasing their own home is a significant and generous gesture. This is a common scenario in Vancouver’s high-pressure real estate market, with many parents stepping in to provide financial assistance. Whether you plan to offer a… Read More »Helping Your Child In Purchasing Their Own Home
Essential Guide to Executor Binders for Estate Planning
Spend time to make your executor’s task easier by organising an Estate Binder.
Always Be Prepared: Essentials of Incapacity Planning
Ensure your voice is heard even during incapacity by preparing the right documents (like Power of Attorney) tailored to your circumstances.
Do more than 50% of Canadians fail to walk their dog?
Half of Canadians don’t have a Will. Committing to your estate and incapacity planning can be as easy for you as walking the dog.
Intestacy: Don’t Leave Your Loved Ones in Limbo (Intestate)
If you die without a will, you die ‘intestate’…and there are consequences.
Deliberate Acts of Kindness: Organ Donation and Charitable Giving in Your Estate Plan
In estate planning, leaving a lasting impact goes beyond benefiting your loved ones. Learn how to integrate organ donation and charitable giving into your plan.
Navigating RESPs in Your Estate Plan: A Guide For Families in British Columbia
Integrating RESPs in your estate plan can significantly impact your family’s educational future. Ratcliff can help you with legal requirements while safeguarding contributions and grants.
Multiple Wills Strategy in BC
Using multiple Wills is a strategy designed to minimize probate fees. This method involves segregating your assets so that different assets fall under different Wills.