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.
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.
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.
If you die without a will, you die ‘intestate’…and there are consequences.
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.
Delve into our baker’s dozen of true or false statements below to uncover some best practices and some misconceptions around estate planning decisions.