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Burnaby General Practice Law Blog

How the reason for your divorce can affect the process

Getting divorced is not easy for anyone. However, some people have an easier time navigating the process and moving forward than others do. Often, these are people who seek amicable, out-of-court solutions that allow them to retain some amount of respect and compassion throughout the divorce.

Whether you are able to do this in your own divorce will depend on numerous factors, including the reason for your divorce.

Protecting more than assets: 3 reasons to have a will

One of the most common reasons people put off or decide against creating a will is that they believe they don’t have any assets worth protecting.

However, this line of thinking can prove to be quite costly – not just for the person without the will, but also for his or her loved ones. Chances are, you have more property than you think, including personal property, digital assets and debts. And a will can protect more than assets, as we describe below.

Can I challenge my parent or partner’s will if I’m disappointed?

Losing a loved one is never easy. People can experience grief, sadness and sometimes anger over any issues that might have been left unresolved.

Adding the complicated legal process of settling a person’s estate on top of all of this can make the situation that much more difficult. This can be especially true for children or partners who feel their loved one’s will is unfair or inappropriate. Under these circumstances, these parties may wish to request that the courts change the person’s will.

Separating From Your Partner Means Changing Your Estate Plans

You and your common-law partner were together for decades. Then your common-law partner suddenly dies. You claim the benefit from your partner’s life insurance policy and apply to transfer the monies from their RRSPs into yours.

Then the insurance company and financial advisors shock you. You aren’t the beneficiary of the life insurance policy or the RRSPs. Your common-law partner’s first spouse, who they’d left long ago, is still the beneficiary of both.

Why Young People Need Wills Too

Generally speaking, people start considering estate planning later in life. While it’s never too late to write a will, getting started sooner rather than later can have significant benefits.

Here are a few reasons that young people should start planning for the future now.

The Marriage Is Over. So, Who Gets The Dog?

Try telling a devoted pet parent that their four-legged friend isn’t family and chances are you’ll get an earful. Unfortunately, in the eyes of the law, you’d be right. In British Columbia, according to the Divorce Act and Family Law Act, pets are considered matrimonial property.

So how do you divide property when it’s a living and breathing being? Depending on your circumstances, you might have a few options.

What Happens To Facebook After You Die And Other Important Considerations

When you think of daily habits today compared to a decade ago, the change is dazzling. We regularly log in, share, download, and communicate from devices that fit in our pocket. So how does this affect your estate plans?

Think of all of the accounts you have, the rewards you earn, and the transactions you make. Have you thought about how your digital comings and goings will be handled once you’re gone? Here are a few things to think about as you plan ahead.

Separation And Divorce: Moving Out (Part 1)

Following the decision to separate or divorce, a lot of couples turn their focus to how they will part ways. In a perfect world, it would be an easy, mutually agreed upon decision. Unfortunately, few things in life go exactly according to plan, making it important to understand your options.

 

Planning Your Estate: Representation Agreements

Having discussed the importance of enduring power of attorney (EPOA), we now turn the focus to representation agreements.

An integral part of every estate plan, the representation agreement helps ensure that should you become incapacitated, your personal and health care decisions will be handled in the way that you see fit. 

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