Our attorneys specializing in trusts may assist you in establishing an alter ego trust or a joint partner trust. To ensure the trust is tax-efficient and advantageous to you, a tax lawyer provides independent guidance. About: Inter vivos trusts like alter ego and joint partner trusts allow you to transfer assets throughout your lifetime. After it’s set up, you’ll have…
As business owners ourselves, we recognize that you are preoccupied with conducting your company’s daily operations. We are now able to help you in completing one of your errands, so please do not hesitate to contact. Our corporate lawyers help maintain your company’s corporate minute book and corporation registration so you may focus on business success. According to the Business…
Due to the interdependence of the modern world, it is fairly common for citizens of British Columbia to possess assets in many jurisdictions. When a BC resident dies with overseas assets and requests for an estate grant, two problems arise: Should foreign assets be revealed when applying for a British Columbia estate grant? As part of the application for a…
If your intentions as to your estate are not clarified to the extent required by law, you will be intestate. In such cases, the additional costs associated with probating your estate can cause great strain to your survivors. It is always advisable to have a clear, valid will in place, representing your final wishes as your estate, to avoid any…
When asked if they’ve made estate plans, many people immediately think of a last will and testament or perhaps a trust. However, what they commonly overlook is the importance of having a power of attorney. Although it’s difficult to think about being incapacitated, it’s in your best interest to be prepared for worst case scenarios. You can appoint your partner,…
Previously, we discussed the key considerations when making a will. We also detailed how to handle estate planning and execution amidst the COVID-19 pandemic in this post. However, what happens if you feel that you have been wrongfully disinherited by a testator? A testator is an individual who created a will and has now passed away. Essentially, testators are morally…
The Novel Coronavirus, or COVID-19, outbreak has significantly affected the world in unprecedented ways. Almost every aspect of our daily routines have changed. Many of us are practicing social distancing in addition to self-isolation or self-quarantining at home in hopes of flattening the curve of this pandemic. However, a problem that many Canadians may not be ready to face are…
The “accumulation years”, the time you spend on working and acquiring assets for both your personal and financial future use. During this period, you pursue your interests and donate to charities, own businesses, invest in stocks, and purchase property. Regardless of the type of assets you possess, you will most likely want them protected and deliberately distributed amongst your beneficiaries…