Disputing a British Columbia personal injury settlement offer

On Behalf of Porter Ramsay LLP | Jan, 27, 2020 | Personal Injury Law

Getting hurt in a vehicle crash can be devastating and can have long-term repercussions. British Columbia residents who suffer a personal injury in motor vehicle incidents due to the negligence of someone else can seek financial compensation from the Insurance Corporation of British Columbia (ICBC). However, when an injured party isn’t satisfied with the compensation offered, he or she can dispute the settlement amount. ICBC offers a claim settlement after having used a number of factors to come to a figure. They can include the percentage of responsibility the claimant had for the incident. Those who don’t agree with ICBC’s... View Article

Family law: Living together while apart challenging, but doable

On Behalf of Porter Ramsay LLP | Jan, 14, 2020 | Family Law

When it’s over, it’s over — well, not entirely for some couples. British Columbia couples who have separated and have decided to divorce have things under family law to figure out — things like the division of property. But for some couples, living apart is not an option right away. Maybe people need to stay under one roof for financial reasons or perhaps they’ve made the decision to stay in the same home for the sake of the children. Separation and divorce can be emotionally taxing, but living with a spouse during a separation can make things doubly difficult. With... View Article

Wills and estates: Risks of adding kids as joint asset owners

On Behalf of Porter Ramsay LLP | Jan, 14, 2020 | Wills And Estates

Parents never stop being parents and as such always want to do what’s best for their children, even when the kids become adults. Aging British Columbia residents thinking about their wills and estates may also be thinking it might be a wise idea to put their assets into joint ownership with their kids. That could include the family home, which, experts say, may not be the best idea. Some people may choose to do this because they believe it will save their kids from having to pay a probate fee after they die. The fee is to get a will... View Article

Wills and estates: Making decisions about a living inheritance

On Behalf of Porter Ramsay LLP | Jan, 12, 2020 | Wills And Estates

Fashioning an estate plan needs a lot of consideration. British Columbia residents who are thinking about their wills and estates have to decide to whom they’re going to leave their assets and how that’s going to look not only on paper, but in reality. Baby boomers are aging and it is estimated that in the next three decades about $16 trillion globally will pass from one generation to another. But strained economic times are leading people to share their worth with grown children and grandchildren while they’re still living — a trend that has come to be known as a living inheritance. ... View Article