Q. When my spouse died recently, I was told that I needed to take in clothes to the funeral home so they could dress him even though he was being cremated. They told me that I was required to identify his remains although I thought that was done at the hospital. Did I have to…
It is a clause we include in a Will when we want to ensure that any previous loans to a residual beneficiary are considered at the time of distribution of the estate. For example, if you have two children and loaned “A” $100,000 and wanted to make sure that the loan was taken into account…
There is new estate-planning legislation in BC called the Wills, Estates and Succession Act (“WESA”) which came into effect March 31, 2014, and replaced most of our existing estate-planning legislation and also our legislation dealing with probate. There are far too many changes to cover off in a short column, so I will try to…
Under the Wills, Estates and Succession Act, the joint ownership is severed and your estates would each own 50% of each previously held joint asset outright.