Today the government announced that the new probate rules and the Wills, Estates and Succession Act (WESA) will come into force on March 31, 2014. The government has yet to release its regulation detailing with how these provisions will come into force.
Related Content
Which Jurisdiction’s laws will govern your estate?
Introduction In our globalized world, it is not uncommon for people to own property or have residences in multiple jurisdictions. The international aspect of a ... Continued
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
WESA Tips and Traps: Mandatory Hold Period
WESA will require executors to wait a mandatory period before distributing estate assets