The Journey of Caring for Aging Parents: Understanding Enduring Power of Attorney in BC
As our parents grow older, we often step into the role of caregiver. This new responsibility can feel daunting, especially when making important legal and financial decisions on their behalf. That’s where Enduring Power of Attorney (EPOA) can help. EPOA is a legal document that allows your ageing parents to appoint someone they trust to […]
Estate Planning Essentials: Myths and Truths Explained
Introduction Estate planning, a phrase often heard but needs to be fully understood, is a vital aspect of preparing for the future. With so many misconceptions floating around, it’s high time we demystify this crucial topic, especially for residents of British Columbia. Understanding Estate Planning Estate planning encompasses the decision-making process regarding managing and distributing […]
Understanding the Basics of Power of Attorney in British Columbia
Introduction A Power of Attorney (PoA) is a legal document that grants one or more individuals (the attorney) the authority to act on behalf of another person (the grantor) regarding financial and legal matters. This document becomes particularly vital when the grantor cannot manage their affairs due to illness, absence, or incapacity. The Legal Framework […]
10 Reasons Why Every Married Couple Needs a Will
Introduction When you’re married, life becomes more than just about you and your wishes. Your decisions also impact your spouse, children, and shared assets. One such critical decision is drafting a will. Under British Columbia law, having a valid will is recommended and a practical way of ensuring your loved ones are cared for after […]
Shared Property Ownership: A Comprehensive Guide
A question we often hear:Should we buy a vacation property with another family and share ownership? Introduction Shared property ownership can be practical and rewarding for friends, family members, or romantic partners. However, it also involves legal complexities and potential challenges. Shared ownership, or co-ownership, is when two or more individuals or entities hold legal […]
New educational video featuring Scott Simpson and Ranbir Bains
We are very pleased to announce our participation in “Aging Well, Planning Well”, a new health and education initiative by the Abbotsford Division of Family Practice. We wrote an article for their magazine and filmed an educational video for their website about Wills, Powers of Attorney and Representation Agreements. We hope you will enjoy this […]
WESA Changes – Marriage
In a previous blog post, we discussed the general changes to wills contained in the new Wills, Estates and Succession Act that took effect March 31, 2014. In this post, we look at the changes involving marriage, separation and spousal inheritance, and how these changes should trigger you to revisit your will or to make […]
