Burnaby Estate Lawyer, British Columbia

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Mandy Badwal

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Estate, Business, Real Estate, Business Organization, Wills & Probate

Mandy is an associate lawyer with Jiwa Law Corporation and her practice consists of matters relating to Wills and Estate Planning, Corporate and Comme... (more)

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604-568-9444

15117 101 Avenue, Surrey, BC V3R 7V4

Farouk Jiwa

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Accident & Injury, Criminal, Litigation, Traffic, Slip & Fall Accident

Mr. Jiwa has practiced exclusively in personal injury litigation for almost 14 years with a primary emphasis on ICBC Claims. Mr. Jiwa has handled case... (more)

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800-786-1931

777 West Broadway, Vancouver, BC V5Z 4J7

David A. Goldberg

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Accident & Injury, Personal Injury, Insurance, Employment, Elder Law

Born in Richmond and raised in Vancouver, David received his law degree from the University of Manchester. Since he began practicing law David has had... (more)

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800-978-7280

805 West Broadway, Vancouver, BC V5Z 1K1

Randall Kent Cohn

Immigration, Criminal

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236-349-2036

838 W Hastings St., Vancouver, BC V6C1C8

Matthew Katsionis

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Divorce & Family Law

Matthew is a litigation lawyer with a primary focus on family law. He can also assist clients with various criminal and civil litigation issues. He st... (more)

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800-693-2610

1066 West Hastings Street, Vancouver, BC V6E 3X2

Marcus M. Sixta

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Divorce & Family Law

Marcus is the founder of Crossroads Law where he practices family law and fertility law in British Columbia and Alberta. In addition, Marcus is a cert... (more)

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800-645-9220

2100, 1055 West Georgia St, Vancouver, BC V6E 3P3

Kevin Heinrichs

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Divorce & Family Law

Kevin Heinrichs is a partner in Henderson Heinrichs. He received his Bachelor of Arts degree from Simon Fraser University in 1988 with a major in Po... (more)

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800-942-9381

1530-1188 West Georgia Street, Vancouver, BC V6E 4A2

Kit S. Perrick

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Divorce & Family Law, Domestic Violence & Neglect, Civil & Human Rights, Native People, Child Custody

I am a civil rights and personal injury lawyer who is a passionate advocate for the victims/survivors of abuse. I have built my career representing th... (more)

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604-638-6935

400 - 1401 West Broadway, Vancouver, BC V6H 1H6

Sandra M. Jennings

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Divorce & Family Law, Adoption, Divorce, Alimony & Spousal Support

Sandra has been a family law lawyer for 30 years, with a focus on resolving disputes through negotiation, mediation and collaborative law. Her goal is... (more)

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604-568-9444

13761 96 Avenue, Surrey, BC V3V 0E8

Michael J Steven

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Family Law, Personal Injury, Wrongful Termination

Michael Steven is a senior trial lawyer who has practiced civil litigation since his call to the British Columbia Bar in 1978. Michael practices in th... (more)

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800-893-6541

5687 Yew Street, Vancouver, BC V6M 3Y2

800-620-0900

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800-923-0641

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LEGAL TERMS

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

FUNDING A TRUST

Transferring ownership of property to a trust.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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Burnaby Estate Lawyer, British Columbia

SPONSORED LAWYERS

Mandy Badwal

Farouk Jiwa

David A. Goldberg

Randall Kent Cohn

Matthew Katsionis

Marcus M. Sixta

Kevin Heinrichs

Kit S. Perrick

Sandra M. Jennings

Michael J Steven

TIPS

LEGAL TERMS

CONTINGENT BENEFICIARY

SPECIFIC BEQUEST

FUNDING A TRUST

ADEMPTION

TRUST MERGER

ESTATE PLANNING

QTIP TRUST

DEATH TAXES

GRANTOR RETAINED INCOME TRUST

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