Information About League Legal Perspective
Recent Posts
Below is a preview of the five most recent posts from the blog League Legal Perspective. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Married or Divorced? It’s Time to Update Your Will
Updating your will is very important after major life events like marriage or divorce. These changes usually impact your estate planning goals, and failing to update your will can lead to unintended consequences. When you get married, your priorities and beneficiaries often change. If you fail to re … Read more »
- Testamentary Capacity: The Basics
Testamentary capacity describes the mental ability required to create a valid will. When individuals draft their wills, they must be of sound mind and capable of understanding the implications of their decisions. This is crucial in estate planning. It ensures that wills accurately reflect the testat … Read more »
- Pre-Death Estate Litigation
Estate disputes are usually thought of as conflicts that arise after someone passes away. In some cases, these disputes begin while the will writer is still alive and can change their will. Pre-death litigation involves challenging a testator’s estate plan while they are still capable of making thos … Read more »
- What is the Residue of an Estate?
Almost every estate has some assets left after all the gifts have been distributed and estate expenses have been paid – this is called the residue of the estate. In some cases, the residue of the estate is the largest bequest of the will. Will-writers often name a residuary beneficiary to inherit th … Read more »
- Lucid Intervals: Temporarily Regaining Testamentary Capacity
In order to write a valid will in BC, the writer must be able to understand and accept their will. This is called the testamentary capacity to make a will. Often, a will-writer loses testamentary capacity after suffering an injury or illness. Once the will-writer loses testamentary capacity, many as … Read more »