If someone becomes mentally incapable and has not prepared for that possibility with a Power of Attorney or Representation Agreement, a formal process called committeeship may be the only option for another person to step in and help. A trusted… Read More »No Power of Attorney? No Representation Agreement? No Problem…? A Primer on Committeeship in British Columbia
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 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.
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 to Purchase Their Own Home
Ensure your voice is heard even during incapacity by preparing the right documents (like Power of Attorney) tailored to your circumstances.
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.
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.
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.
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.
When a loved-one dies, a family dispute can arise. A lawyer can help you develop a proactive estate plan can mitigate potential family discord and protect the well-being of your loved ones.
