Month: June 2019

Is My Will Still Valid After Separation or Divorce?

An existing will is still valid after separation or divorce. However, section 56(2) of the Wills, Estates and Succession Act, S.B.C. 2009, ch.13 provides that any appointment, power of appointment, or gift to a spouse of a will-maker who has ceased to be a spouse at the time of the will-maker’s death is revoked. If […]

What Happens if a Beneficiary Dies?

The death of a beneficiary named in your will can impact the way in which your estate is distributed. The nature of the impact will depend on the terms of your will. Estates are often distributed by way of their “residue” as opposed to the distribution of specific assets. The residue of your estate is […]

Changes to ICBC No-Fault Benefits

As of April 1, 2019, substantial changes come into effect for ICBC No-Fault benefits. Also known as “Part 7” benefits, these benefits are generally available to all British Columbia motorists involved in a collision regardless of whether they are at fault or not. These benefits primarily cover treatment expenses and disability benefits. Treatment Expenses One […]