by Denese Espeut-Post | Jun 22, 2012 | Estate Planning, People of the Law, Planning, Wills, Wills & Estates
WILLS VARIATION (B.C.) An application to vary your will can be made by a child or spouse of a deceased. This is an application to seek redistribution of the testator’s estate if it can be established that adequate provision has not been made for the proper...
by Denese Espeut-Post | Jun 22, 2012 | Estate Planning, Planning, Wills, Wills & Estates
PROBATE Probate is a court process by which the Supreme Court of British Columbia determines whether it has jurisdiction to deal with your assets and which law will apply. The court will assume jurisdiction if you had assets domiciled in BC as of the date of your...
by Denese Espeut-Post | Jun 22, 2012 | Estate Planning, People of the Law, Planning, Wills & Estates
DUTIES AND RESPONSIBILITIES OF ATTORNEY Who may act as attorney You may name one or more of the following persons as an attorney: an individual, other than an individual who provides personal care or health care services to the adult for compensation, or is an...
by Denese Espeut-Post | Jun 22, 2012 | Estate Planning, Money, People of the Law, Planning, Uncategorized, Wills, Wills & Estates
INTESTACY – Do I Really Need A Will? The simple answer is YES! Your will gives you some control over what will happen to the things that you own upon your death. You can make sure that the things that you own will go to the people you want to have them. Your...
by Denese Espeut-Post | Jun 7, 2012 | Planning, Wills & Estates
It is important for you to make a will when you are capable of doing so. This means that you are in good health and that you are mentally capable. If you are mentally incapable, you are not able to make a will. Mental capacity requires the following: you must...
by Denese Espeut-Post | Jun 7, 2012 | Estate Planning
An important characteristic of joint tenancy is the right of survivorship. With this right, when a joint tenant dies, their interest in the property is extinguished, increasing the holdings of the survivors. On the death of the second to last co-owner, the remaining...
by Denese Espeut-Post | May 25, 2012 | Agreements, Partnerships
A general partnership requires two or more persons working together to carry on business with a view to profit. This structure occurs as a matter of law. You do not need to see a lawyer to create a partnership, but it recommended that you seek legal advice. Many...
by Denese Espeut-Post | Apr 8, 2012 | Planning, Wills & Estates
A Will is a legal document that sets out what should happen with all of your belongings upon your death. It is an important estate planning tool and it allows you to express your wishes for what is done with everything you own upon your death. A properly drafted Will...
by Denese Espeut-Post | Apr 5, 2012 | Estate Planning, Planning, Wills & Estates
You can achieve peace of mind by preparing for life’s unexpected events today. Planning in advance for your death and potential mental incapability will give you some control over what happens to you, your dependents and your property. Most people prefer not to...
by Denese Espeut-Post | Apr 5, 2012 | Business
Starting and growing a business can be very stressful and time consuming, but the overall experience should be very rewarding. You can give your business the best start possible by choosing the most appropriate business structure for your business. What structure is...
