The Bank of Canada recently announced its third interest rate cut of 2024, reducing the overnight rate by 0.25%, bringing it to 4¼%. A fourth cut is expected later this year. For homebuyers in British Columbia, this change can offer more affordable borrowing opportunities, but it’s essential to consider additional factors beyond just interest rates […]
Bank of Canada’s Third Rate Cut: Impact on BC Real Estate Read More »
A Will is one of the most important documents you’ll create in your lifetime. It ensures that your wishes are honored and provides clarity for your loved ones during a difficult time. However, simply drafting a Will is not enough—you must also review and update it regularly to ensure it remains relevant and effective. When
FAQs on Estate Planning: How Often Should I Update My Will? Read More »
When it comes to estate planning in British Columbia, the focus often falls on Wills, trusts, and the distribution of assets. However, a comprehensive estate plan should also include provisions for personal and financial decision-making if you become incapable of managing your affairs. This is where a Power of Attorney and a Representation Agreement come
Estate planning can become increasingly complex when you have assets in multiple countries or jurisdictions. One question that often arises in these situations is whether it’s possible—or advisable—to create multiple wills. In this blog, we will explore the scenarios where having multiple wills might be beneficial and provide guidance on managing them effectively. Can You
FAQs on Estate Planning: Is it Possible to Create Multiple Wills? Read More »
Estate planning is a deeply personal process, allowing you to ensure that your assets are distributed according to your wishes after your passing. One common question that arises is whether you can name your common-law partner as a beneficiary in your will. In British Columbia, the answer is yes, but there are important considerations to
FAQs on Estate Planning: Can I Name My Common-Law Partner as a Beneficiary? Read More »
Estate planning is a crucial aspect of ensuring that your wishes are honored after your passing. However, in British Columbia, the ability to disinherit a spouse or children is subject to specific legal constraints under the Wills, Estates and Succession Act (WESA). If you are considering this option, it’s essential to understand the legal landscape
FAQs on Estate Planning: Can You Disinherit Your Spouse or Children in British Columbia? Read More »
When it comes to estate planning and managing property ownership, adding or removing someone from the title of your property in British Columbia can have significant legal, financial, and tax implications. Understanding these consequences is crucial for making informed decisions about your estate. In this blog, we’ll explore the pros and cons of altering property
Estate Planning FAQs: Pros and Cons of Changing Your Property Title Read More »
If you die without a will in British Columbia, you are considered to have died “intestate.” The distribution of your estate will then be governed by the Wills, Estates and Succession Act (WESA). Here is an overview of what happens in such cases: Distribution of Assets The distribution of your assets will follow a specific
FAQs on Estate Planning: What Happens If I Die Without a Will? Read More »
On August 7, 2024, the Consulate General of the Republic of Indonesia in Vancouver hosted a special reception in honor of ASEAN Day. This event, marking the 57th anniversary of the Association of Southeast Asian Nations (ASEAN), was a vibrant celebration of unity, diversity, and the shared values of the Southeast Asian community. Our founder
Celebrating ASEAN Day: A Reflection on Unity and Diversity Read More »
The Bank of Canada’s recent decision to cut its key lending rate from 4.75% to 4.5% marks another significant shift in monetary policy, providing a much-needed reprieve for homeowners and potential buyers. This rate cut continues the trend of easing monetary policy and brings immediate financial relief and new opportunities for those looking to buy
How Homebuyers Can Benefit from the Recent Bank of Canada Rate Cut Read More »
Melissa has 8+ years of combined Commercial, Business and Contract Law experience as In-House Counsel in manufacturing, health, real estate development, and broadcast communication industries. She is instrumental in developing strategies to minimize legal risk and ensure regulatory compliance.
She has 6+ years of Human Resources Management experience and a Chartered Professional in Human Resources (CPHR) designation. Her practice includes Family Law, Civil Litigation, Wills & Estates and Real Estate & Conveyancing.
For fun, she visits ancient sites and ruins and belts out popular Broadway tunes.
Northam Law is a boutique law firm offering advisory services in Real Estate Law and Conveyancing, Business Law, and Human Resources. Our practice areas also include Wills & Estates and Family Law. Notarization services are also available.
