Author: Mark Brade

Mark Brade is an associate lawyer with Pushor Mitchell LLP and serves clients who have Wills, Estates & Trusts, Real Estate, and Business Law needs. Mark is a solicitor who…

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The future of our pets is a difficult subject to cover, but it is an important niche topic within estate planning for all those who feel, as I do, that pets are family.
The provincial Budget 2024 revealed a new tax is on the horizon for sellers of real estate within British Columbia.
In early February 2024, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the federal government will be extending the prohibition on purchases of Canadian residential property by non-Canadians. With this extension the prohibition will be in effect until January 1, 2027.
In estate planning there can be benefits to adding an adult child to title of a home, but there are serious risks or drawbacks as well.
Amendments are being made to regulations for the Prohibition on the purchase of Residential Property By Non-Canadians.
The Prohibition on the Purchase of Residential Property by Non-Canadians Act, S.C. 2022, c. 10, s. 235 (the “Act”) was passed and came into effect on January 1, 2023.
There are 3 “main” documents a client should consider when making an estate plan - a Will, Power of Attorney, and Representation Agreement.

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