A colleague asked about handling a will with a clause saying to “pay or transfer” a piece of real estate to a charity. This sounds quite straightforward but raises some complications about whether the executor could just sell the property and give the proceeds to… Continue Reading
People often ask about adding one of their children to the title of their home as a joint tenant because someone told them that they can save on estate taxes. Joint tenancy means that the title passes directly to the… Continue Reading
Not everything a person owns will be part of the assets that are distributed under the terms of a will. Real estate, pensions, bank accounts and insurance can pass outside of a will. In British Columbia we call… Continue Reading
There are two major things that must be sorted by relatives if someone dies without a will. The first is who gets the job of being the executor (the term administrator is used in cases where there is no… Continue Reading