Wills and estates: Planning can be done bits at a time

On Behalf of Porter Ramsay LLP | Oct, 19, 2020 | Wills And Estates

A financial plan should always include an estate plan, professionals say. Some British Columbia residents, however, put off anything to do with wills and estates for as long as possible and that may be a grave error — pun intended. No one enmeshed in the realities of living wants to think about death, but writing an estate plan doesn’t have to be difficult. As a matter of fact, it doesn’t even have to be done all at once. So that it doesn’t seem to be so daunting, estate planning can be broken down into steps, the first step being making... View Article

Family law: If you divorce, must you leave the family home?

On Behalf of Porter Ramsay LLP | Oct, 08, 2020 | Family Law

When a couple decides that separation is inevitable, they have many issues to sort out. Family law in British Columbia has definitive rules about assets and property, which includes the family home. Who should move out, if anyone? If the people can at least be civil to each other and finances are an issue, they may decide to both stay in the home, but if that’s not an option, they need to answer some pointed questions, such as do they both own the home? Can either person afford to keep the home?  If both spouses own the home, neither will... View Article