Losing a parent is painful for children of any age. The legal process of administering their estate can make the experience even more devastating, especially if you wish to vary a will. Under these circumstances, it can be crucial to understand a few things about your...
Seeing a parent experience memory loss or declines in their reasoning and thinking skills is undoubtedly painful for any child. Whether these symptoms are caused by Alzheimer's or another disease, they can be highly disruptive and prevent a parent from living...
Leaving inheritances for children and grandchildren is a primary estate planning objective for many Vancouver parents. If an inheritance is part of your estate plan, preparing recipients can be crucial in preserving your legacy. Why should I prepare recipients?...
Numerous duties come with holding power of attorney for financial matters and property. In this capacity, you may need to make complex, potentially unpopular decisions that can trigger disputes. And in some cases, someone may accuse you of abusing your power of...
Creating an estate plan is important for every adult. But making one is only the first step in defining and protecting your legacy. You will also want to update an estate plan to preserve your wishes and prevent legal disputes, especially after the following events:...
Several financial issues can arise when a person becomes incapacitated or passes away. In these painful situations, it could be possible that a party unfairly benefits at the expense of others. Thus, there could be concerns of unjust enrichment or self-dealing when a...
Creating an estate plan is crucial in ensuring you protect your assets and preserve your legacy when you are gone. It can be uncomfortable to think about these things, but once you have documented your wishes, you can feel better knowing that you have a plan in place....
A parent falling ill is a devastating experience for any child, even adult children. There can be a host of unexpected issues and obstacles that arise, particularly if a parent’s condition renders them unable to make decisions or take care of themselves.In these...
Naming people to manage your financial and medical affairs if you become incapacitated is one of the most critical components of your estate plan. It ensures that someone you know and trust will step in if you cannot make decisions for yourself. In choosing...
Discussions about end-of-life care, dying and distribution of property can be uncomfortable for many people. People don’t like to think about these things; bringing them up with your parent can feel intrusive and awkward.However, avoiding these discussions can...