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Estate planning involves many different considerations. Two of the biggest ones are what to do while you are alive and cannot make decisions, and who will look after your affairs after you have passed. For the first consideration, many people choose to appoint a power of attorney. This designation is someone who acts on your…
DetailsIf a loved one passes away without a will, his or her estate will be distributed along legislative guidelines. This means that the will be distributed in accordance with a set of rules as which surviving family members gets which parts of the estate. Unfortunately, however surviving family members may have believed a loved one…
DetailsWhen there are hurt feelings or resentment following a divorce or separation, communication between ex’s can be strained. However, when there are children involved in the breakdown of a marriage, it’s possible that communication between parents could continue for years. When parents decided to share parenting duties following a split, a parenting plan can be…
Detailsany British Columbia homeowners face the situation every few years: the time your mortgage term will be expiring. Yet, it doesn’t have to be a stressful experience if you know what to expect. You may be up against different interest rates, and you also might be thinking about finding another lender with more attractive rates.…
DetailsThe marriage and divorce of two people can have a large impact on your estate planning documents. Generally, its best advised to re-evaluate your testamentary documents such as wills, powers of attorney and insurance policies each time you pass a major life milestone, such as getting married, buying property, having children, or filing for divorce.…
DetailsFor couples that don’t have children, a divorce could be the last time the pair ever see each other. For divorcing or separating parents, that might not always be the case. For many parents who decide to end their relationship, they may need to communicate with each other if they want to play a role…
DetailsAfter you have divorced your partner, you may still need to interact with him or her if both of you share children together. Parents may need to consult with each other over important issues, ranging from schooling or behaviour issues to health issues or participating in certain activities. One of the more critical reasons parents…
DetailsMarriages are often seen as one of those lifetime goals that people need to achieve, along with a post secondary education, having children and buying a house. However, sometimes the person you decide to be with early on in your adult life is not the same person you find yourself wanting to grow old with…
DetailsMany people may not be aware of what happens to their assets if they pass away without a spouse or children. Whether you are married or not, or have children or not, a will is an important tool for you to bequeath your possessions according to your preferences. Generally speaking, those that pass away without…
DetailsWhen you pass away without a will, your possessions and wealth are divided along legislative guidelines. These guidelines are fairly generic – which can be problematic since no two families are alike. In situations when there are blended families, special circumstances, special needs or allowances to be made – it may be hard for surviving…
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