Collapsing Trusts in BC
Termination of Trust by Beneficiaries Collapsing Trusts by Applying to the Court Estate Planning fundamentally involves an attempt to control the dispersal of assets after a person dies. One area of concern is when a will-maker dies and leaves a large estate to a young adult who may not be capable of managing such a significant windfall. A method of preventing …Read more →
Pondering Precedents – Spouses in Different Houses
Pondering Precedents – Common Law Spouses in Different Houses Wills Estates and Succession Act The issue of spouses who live in different houses was considered by the courts here in British Columbia in the case of Richardson Estate (Re), 2014 BCSC 2162. This blog post is the first in a series called “Pondering Precedents” where we …Read more →