A testamentary trust is a type of trust that comes into effect upon the occurrence of a person’s death. For example, a parent might set up a testamentary trust to provide for a child in the event of the parent’s death. When the parent passes away, the testamentary trust takes effect and becomes available for…
What Happens When a Will is Contested Who Can Contest a Will? Wills can be contested by beneficiaries that were named under a previous will as well as potential beneficiaries, such as a child or other relation of the deceased. In order to be successful in contesting a will, you need to have a strong…
How to Avoid Family Disputes Regarding Your Will Discuss Your Will Early & Often It is a good idea to talk to your family about your will and estate plan early on, so that everyone is aware of what to expect. Having these kinds of discussions often is also a good idea, so that nobody…
Can You Disinherit Your Child? Is it Possible to Disinherit a Child in BC? It is possible to disinherit your adult child in your will, but your reasons for doing so must be considered valid and rational, otherwise, the child in question can dispute the will and potentially have it changed. The B.C. Wills Variation…
What is the Difference Between a Will & an Estate Plan? Wondering about the difference between a will and an estate plan? Here is what you need to know. Get in Touch What is a Will? A will is a legal document outlining what will happen to your assets after you die. This includes naming…
How to Talk About Inheritance with Your Family Talking to your family and loved ones about your estate plan is a good idea because it helps ensure that everyone has the information they need, knows what to expect when the time comes, and helps prevent potential family conflict. Get Help With Your Estate Planning Starting…
Choosing & Updating Your Beneficiaries: What to Know In estate planning, a beneficiary is any person who is eligible to receive assets belonging to an individual after their death. When making your estate plan, you can choose to name one or multiple beneficiaries. Get Help Creating a Will Who Should I Choose as My Beneficiaries?…
What Do I Do If My Loved One Died Without a Will? Dying without a will is called “dying intestate.” Although it is highly recommended that all adults create a will, many people do not get around to it and end up dying intestate. Here is what happens if your loved one dies without a…
Why Advance Care Planning is Important to Think About Now Our firm recommends that everyone set up an advance care plan. Here is why you should start thinking about advance care planning now. Get Help from a Lawyer It Helps You Determine Your Wishes Making an advanced care plan forces you to sit down…
Can a Handwritten Amendment Alter an Existing Will? If you alter your will with a handwritten note, does that count as a legal alteration of the will? The answer is more complex than a simple “yes” or “no.” Get Help Writing a Will Handwritten Amendments If you have had your will prepared by a lawyer…
