What Exactly is Probate?

On , In Estate Administration

“Probate” is the legal process whereby a Will is “proved” in a court and accepted as a valid public document that is the true last testament of the deceased.  In B.C., essentially the need for probate is determined by the policy of the agency or financial institution which holds an asset which is part of…

Estate Planning for Parents with a Child with Special Needs

On , In Estate Administration

Estate planning for parents with a child with special needs is simply having a financial plan to guide you in making your financial decisions. It involves setting a goal and adopting strategies that will help to achieve that goal. No successful plan begins without an end in mind. Yet most estate planners never adequately address…

Joint Tenancy – don’t give it away too early

On , In Commercial Litigation

Most homeowners will have at least heard of the term “Joint Tenancy”. In British Columbia, when you own property with another person, you can own it as Joint Tenants, or you can own it as Tenants in Common. If you are Joint Tenants, you share the property completely and equally. If you are Tenants in […]