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 →
Wills Variation and Culture Clashes in BC
British Columbia is a very diverse place and living in such diversity enriches the lives of all of the residents. However, as is sometimes the case, there can be conflict between acceptable cultural practices in other parts of the world and the accepted community standards here in BC. This issue can arise in the context of Wills variation and estate …Read more →
BC Wills Variation & Inter-Vivos Transfers
BC Wills Variation How BC Courts May Account for Gifts Between Living People Wills Variation litigation is often involving parties who believe that have been treated unfairly following the death of a spouse or parent. While the Wills Estates and Succession Act provides certain classes of disappointed beneficiaries with an effective tool to remedy inequalities, the Court is limited in what it …Read more →