Often marketed as a solution to allow a homeowner over age 60 to remain in their home while borrowing the money needed for improvements or living expenses, reverse mortgages can present a nasty surprise for the borrower’s estate. A relatively small amount of money borrowed can become a surprisingly large debt. Because the debt is [...]
Join Karen Redmond and Nicole Garton-Jones of Heritage Law for lunch and a review of important upcoming changes to family law, wills and estates and incapacity legislation in BC. Karen Redmond will review proposed significant changes to British Columbia's family law legislation as set out in the Ministry of Attorney General White Paper on Family [...]
Why is mediation often a better path to conflict resolution than litigation, particularly when it comes to family law and similar issues?
Determine who will act as executor or administrator of estate; Maintain a record of all decisions made, steps taken and financial transactions; Contact funeral service provider to make funeral arrangements; Consider publishing an obituary (Vancouver Sun and Province, tel: 604-605-2254); Locate estate assets and safety deposit box, if applicable; Secure estate assets and ensure adequate [...]
Cremated remains may be scattered in cemetery gardens especially created and dedicated for this purpose. The location of where the cremated remains have been scattered can be identified by name on a special memorial plaque or marker. Some cemeteries have rose gardens that are designed specifically for the scattering of cremated remains. There are no [...]
Until a grant of probate is issued, the executor does not have any legal right to deal with the assets of the testator. In order to obtain a grant of probate of a will, the will must be proved to the court. Probate actions are actions to prove a will in solemn form. The vast [...]
Estate Administration: The Essentials Presented by: Nicole Garton-Jones Capilano Golf & Country Club President’s Room 420 Southborough Drive West Vancouver, BC