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10 de jun. de 2024 · Administering an estate encompasses a range of tasks, from applying for probate (or administration if there is no Will) and ensuring all tax filings are done, to distributing assets to beneficiaries. Even a simple estate can take two or more years to fully complete in BC.
11 de jun. de 2024 · Common estate planning documents are wills, trusts, powers of attorney, and living wills. Everyone can benefit from having a will, no matter how small their estate or simple their wishes. Online estate planning services offer basic packages for less than $200.
- Estate planning is not only about your peace of mind—it gives your loved ones guidance on how to move forward after you’re gone. It also plans for...
- The biggest mistake you can make in estate planning is failing to have a plan at all. A simple will is better than no plan—even if your situation i...
- Not necessarily. Many small or straightforward estates can be managed using a low-cost online service. These services sometimes provide the option...
- Absolutely not! Everyone benefits from estate planning. In fact, failing to plan can lead to lengthy court processes and high probate fees, which a...
4 de jun. de 2024 · Key Benefits and Uses in Estate Planning. There are many misconceptions of what a trust is and when they should or could be used. This article by Ola Szymaniec, a Solicitor in our Private Client team, is a starting place to find out whether a trust arrangement may be right for you.
11 de jun. de 2024 · The main difference between wills and trusts is that wills take effect after you die, while trusts can take care of your assets while you’re still alive. Also, trusts can help an estate avoid...
30 de mai. de 2024 · When planning your estate, it’s crucial to understand the differences between trusts and wills. Both are tools to distribute your assets, but they work in different ways and have unique implications for probate, estate taxes, and asset distribution.
20 de jun. de 2024 · Wills are the most common legal document people use to communicate what they would like to have happen with their estate (property and assets) after their death. A will is like an instruction booklet prepared for the probate court regarding a decedent's estate.
12 de jun. de 2024 · This loose-leaf service provides the first comprehensive guide to all aspects of wills and estate administration in Victoria. It contains up-to-date legislation and practical commentary. Major legislation incorporates useful annotations on practice and procedural requirements.
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