In the fairly recent appellate court decision, Society of Notaries Public of British Columbia v. Law Society of British Columbia, 2017 BCCA 448, BC’s highest court was faced with the question: What are notaries allowed to draft when it …Keep reading
Did you know…
Did you know that both the BC Unclaimed Property Society and the Bank of Canada have free, searchable databases?
BC Unclaimed Property Society: https://unclaimedpropertybc.ca/searchp/search/
Bank of Canada: https://www.bankofcanada.ca/unclaimed-balances/
Dormant funds from credit union accounts, forgotten insurance …Keep reading
Only assets that fall within an estate are subject to probate fees. It follows then, that assets held in joint tenancy that pass outside of the estate due to the operation of the right of survivorship do not require disclosure …Keep reading
One reason parents place assets into a corporate trust structure may be to reduce the amount of tax paid on such assets while preserving a specific estate plan. An alternative reason may be to protect their family assets from potential …Keep reading