Bill C-43 Receives Royal Assent
Bill C-43 implements tax amendments regarding testamentary trusts and donation tax credits.
Court Orders a Letter to be Effective as the Last Will of the Deceased
Court uses new WESA provision to proivde flexibility in relation to formal requirements of wills.
Will a Separate Residence Affect Your Spousal Status?
Recent case finds couple to be in a marriage-like relationship despite maintaining separate residences.
Transitioning to WESA
WESA provides that the old legislation will often apply if the deceased died prior to WESA
WESA Summary
Clark Wilson’s Wealth Preservation Group has prepared a summary of the new WESA
New Survivorship Rules
WESA abolishes presumption that older person dies first when sequence of death cannot be determined
WESA – Important Change relating to Committee or Attorney Transfers
Under WESA, beneficiaries can receive the equivalent value of gifts that have been transferred away by a representative
Text Message Wills?
Although a recent Swedish case rejected a text message will, WESA could give courts the discretion to find them valid
WESA Tips and Traps: Mandatory Hold Period
WESA will require executors to wait a mandatory period before distributing estate assets
WESA: Catching Up To The Times
One of the objectives of the Wills, Estates and Succession Act (WESA) is to modernize BC’s succession laws
New Family Law Act and Wills Variation Act Claim
Discussion of the new Family Law Act and Wills Variations claims
Probate Rules Updated
Discussion on WESA and the probate rules being updated