The New Wills Estates & Succession Act “WESA,” and what it means for British Columbians

I am often asked questions about succession planning and the difficulties with the rigidness of the legislation governing Wills & Estates. Frankly, some of the legislation goes back to the 1800s and really has not changed much since then. It is about time our laws reflect modern society. Well finally a new Act is coming into force on March 31, 2014. The WESA is replacing the Wills Act, the Wills Variation Act, the Estate Administration Act, Probate Recognition Act and a portion of the Law & Equity Act. So what does that mean for you? Continue reading →