Author: Vanessa DeDominicis

Vanessa displays an impressive range of skills and knowledge by serving clients in three different practice areas: wills and estates, real estate, and corporate and intellectual property law. Families, both young…

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If you have been appointed Executor in a Will, there are a wide range of obligations if you accept the position of Executor. 
A Representation Agreement is a legal planning document which can be used in British Columbia to provide your named representative the authority to make health care decisions for you if you are unable to do so because of mental or physical disability.
An Executor/Trustee has a wide range of obligations and responsibilities to fulfill. When doing your Estate Planning and choosing an Executor/Trustee, you have a number of important considerations to keep in mind.
When a loved one passes away, how do you know if they had a Will? Many people – even those close to us – can be very “cloak and dagger” about finances and personal matters.
Sometimes, very unfortunately, loved ones go missing. They may never return from a hunting trip, or a hike in the mountains. How can we deal with their assets?
An Executor/Administrator/Trustee (“Personal Representative”), must be ready at all times to account for the trust property.
A life estate is the ownership of property/land for the duration of a person's life.
This topic is substantial. This article only touches on one of the issues. Please note that there are potentially numerous tax issues on death and it is very important to discuss these implications with a lawyer and an accountant.
Oftentimes, my clients will appoint joint Executors in their Wills. This means, they are appointing two people to jointly administer their assets and apply for Probate.
In a world full of social media, online banking and cyber-identities, dealing with digital assets as part of your Will is extremely important.
Morbid? Yes. Timely? Yes. A Will is a “back-burner” thing. Life is busy... but all of a sudden, a global health crisis has hit us all.
Life insurance is simply good planning. Naming beneficiaries properly is even better planning, and does take careful thought.

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