Law
Everest Law Corporation in Kelowna – How to Start a Family Trust

Almost everyone has assets, and we want to protect them for ourselves and our loved ones. However, some people do not have any trust or will in place to ensure that their family members benefit from those assets. Hence the need to prepare ahead of time because you are not guaranteed tomorrow.
Trusts are excellent estate planning tools, and they have advantages even when you are alive. If you are curious about how to set up one, we will discuss how a law firm can help you. You can check out Everest Law Corporation in Kelowna for more on such firms.
Now let’s dive in!
Is a Trust Ideal for You?
You do not need to be super-rich to get a trust; anyone can benefit from it. For instance, if you do not own any physical properties, you could have retirement funds or life insurance. You can name it after a beneficiary who is going to manage the assets after your demise.
Furthermore, families whose children are quite young, need to start up trusts, else, the kids may not have access to the assets until they turn 18. The properties will be in the custody of a guardian whom the court appoints, or it will end up in probate, which is not good. The property may also attract so many legal fees that may surpass the property value.
Wills vs Trusts – What’s the Difference?
Both wills and trusts are estate planning tools, but they are different in some ways. Wills help to distribute assets after the demise of their owners while trusts hold and manage assets. You can create a trust while alive or after your death as stated in your Will.
The key differences between both terms are:
- Trusts are private as they remain among the trustees and attorneys. Wills go public after the demise of the owner.
- Trusts take care of only the assets you declare while wills take care of all the assets you own.
- Trusts are effective both while you are alive and upon your death or either way, depending on which one you set up. Wills become effective only after your death.
- Trusts do not pass through any probate, while wills require probates for approval. You can click here to learn more about probate
How an Attorney Can Help You Get a Trust in Kelowna
If you live in Kelowna, a local attorney can help you establish a trust according to your specification. They take the following steps to achieve that:
- You need to pen down all your assets, whether they are physical properties, life insurance, or 401k; everything counts.
- The attorney prepares the paperwork and discusses any restrictions you may choose to come up with. This will keep your beneficiaries from wasting your money or misusing your assets.
- Transfer the assets into your trust and name them after the beneficiary you choose. This name must be the same name on your retirement accounts, insurance, and stocks. The trust might become ineffective if you do not follow these steps.
The steps may seem complicated, which is true in real-life situations. However, your lawyer will simplify them for you and help you to avoid costly mistakes. Although you can set up the trust by yourself, you must understand the federal and state laws to ensure that the law recognizes your trust.
Some areas require very strict adherence to the laws than others. Since you do not want your paperwork to be nullified, you need the services of a lawyer. Not just any lawyer, but one that is experienced in setting up trusts for clients.
At this point, you should not choose a lawyer that offers the lowest fees because you will certainly get a low outcome. Ensure that the lawyer specializes in estate planning; one with whom you can entrust the future of your family. You can click on https://money.howstuffworks.com/personal-finance/financial-planning/10-reasons-to-start-a-trust.htm to learn more about starting a trust.
Conclusion
You do not need to have a hard time when setting up trusts. But it is a process we must face someday. However, a good attorney will make it easier for you. They will create legal protection for your estate and ensure that your assets are properly managed.
Law
A Detailed Overview of the Litigation Process


Litigation is the formal legal process used to resolve disputes between individuals, businesses, or other entities. This process plays a crucial role in ensuring justice in cases such as personal injury claims, contract disputes, and divorce proceedings.
If you are interested in Litigation Crowdfunding, check this read Litigation Crowdfunding: Do’s and Don’ts — 8 Tips to Maximize Success Civil Litigation and Court Jurisdiction
Civil litigation can occur in either state or federal courts, depending on the nature of the dispute. In the United States, the Federal Rules of Civil Procedure govern cases in federal courts, aiming to provide a just, speedy, and cost-effective resolution for all involved parties.
The Litigation Process
While the specifics of litigation can vary by jurisdiction, the general process follows these key steps:
- Filing a Complaint
The process begins when the plaintiff formally files a claim with the court, outlining the dispute and the legal basis for their case. The court then issues paperwork to notify the defendant of the lawsuit.
- Pre-Trial Motions and Discovery
Both parties may file motions requesting the judge to make specific legal rulings. Common motions include: Motion to Compel Discovery – A request for the court to order the opposing party to provide important information; Motion for Summary Judgment – A request to resolve the case without a full trial if the facts are undisputed and one party is entitled to win as a matter of law.
The discovery phase follows, where both sides gather evidence, exchange documents, and take depositions to build their cases.
- Trial Proceedings
If the case is not dismissed or settled, it proceeds to trial. During the trial:
Both sides present arguments and evidence.
Witnesses may be called for testimony and cross-examined.
The plaintiff typically bears the burden of proving their claims, such as demonstrating negligence in a personal injury case.
- Verdict and Judgment
A judge or jury determines the outcome of the case. If the plaintiff seeks monetary damages exceeding $20, the U.S. Constitution guarantees the right to a jury trial unless waived by both parties. If non-monetary relief, such as an injunction, is sought, a judge usually decides the case.
- Appeals and Enforcement
If a party is dissatisfied with the ruling, they can appeal to a higher court, seeking a review of the decision. If the appeal is unsuccessful, the judgment is enforced through legal mechanisms.
Arbitration: An Alternative to Litigation
For those looking to avoid lengthy and costly court battles, arbitration serves as an alternative dispute resolution method. Instead of going to trial, an impartial arbitrator reviews the case and makes a binding decision, often leading to a faster and more cost-effective resolution.
The Problem of Frivolous Litigation
While the litigation system is designed to resolve legitimate disputes, it has become burdened by frivolous lawsuits—cases filed with little legal merit, often as part of class actions or mass tort claims aimed at financial gain. These lawsuits can take years to resolve, drain judicial resources, and impose significant costs on defendants. Addressing this issue is critical to maintaining an efficient and fair legal system.
Litigation remains a fundamental mechanism for resolving disputes and upholding legal rights. Understanding the process, alternatives like arbitration, and the challenges posed by frivolous litigation can help individuals and businesses navigate legal conflicts effectively. Whether pursuing or defending a lawsuit, being informed is key to achieving the best possible outcome.
Resource:https://instituteforlegalreform.com/blog/what-is-litigation/
Read More: jacqulyn elizabeth hanley
Law
Exploring the New Age of Digital Law for Barristers


Legal technology advancements are significantly transforming the way barristers work, creating brand-new opportunities for legal professionals while reshaping traditional practices.
Barrister Emily Windsor shares her insights into how these innovations are influencing the legal landscape, from streamlining case management to enhancing research capabilities.
She also explains why adapting to these technological changes is crucial for modern practitioners who want to remain efficient, competitive, and prepared for the future of legal practice.
Efficiency, Accessibility, and Transformation
Emily Windsor understands the importance of digitisation in democratising legal knowledge and creating a more flexible legal profession.
Reflecting on her role in producing and updating leading agricultural law texts, she acknowledges the impact of moving legal resources online: “Since books have been incorporated into digital platforms, practitioners who would not have dreamt of purchasing a specialist text can now access them at the click of a button,” she notes.
Platforms like the Westlaw online legal database have effectively removed barriers to information, ensuring that specialised legal expertise is widely available to those who need it.
The influence of technology in the legal sphere extends past knowledge dissemination, fundamentally altering advocacy through the accelerated digitalisation of court processes, especially during COVID-19.
Though Emily Windsor is aware of the constraints of remote hearings, particularly in assessing witness demeanor, she also sees the benefits of technological flexibility for lawyers and clients alike.
Furthermore, technology has introduced new possibilities for practitioners to balance professional demands with personal responsibilities. Emily Windsor points out how online access to legal resources and virtual proceedings has made the Bar more accessible, particularly for women and individuals managing family commitments.
The modern barrister must embrace technological tools not only as a matter of convenience but as a means to remain efficient and accessible.
Remote Hearings
The pandemic accelerated the adoption of remote hearings, transforming them from an occasional convenience to a standard practice. Emily Windsor’s observations reinforce how this shift has had lasting effects on the profession. Virtual hearings for procedural matters save time and resources that would otherwise be spent on travel and waiting at court.
This transition to remote proceedings has particular benefits for certain types of legal work. Administrative hearings, case management, and applications without witness testimony can often be handled more efficiently through virtual means. The technology allows barristers to serve more clients in less time, potentially reducing costs for clients while increasing access to legal services.
Work-Life Balance and Diversity
Perhaps one of the most significant impacts of legal technology has been its effect on work-life balance within the profession. Emily Windsor notes that technology has made the Bar more accessible to those with family commitments, particularly women. The ability to access resources remotely and participate in hearings from home or office locations provides flexibility that was previously unavailable.
This technological shift may help address long-standing diversity issues within the legal profession, since by removing some of the rigid structural barriers that have historically made it difficult for certain groups to succeed at the Bar, technology creates pathways for a more diverse and representative legal profession.
Law
The Evolution of Automotive Tools: Transforming the Mechanic’s Workshop


“Safety should always be the top priority when it comes to driving,” emphasizes Andrew S. Kryder, Esq., a leading Chicago car accident lawyer. Addressing the evolution of automotive tools, he notes that advancements in technology have significantly transformed the mechanic’s workshop, enhancing efficiency and safety for both drivers and technicians. From diagnostic scanners and digital torque wrenches to advanced tire balancing machines, modern tools offer precision and speed unprecedented in the industry. These innovations not only streamline the repair process but also contribute to ensuring that vehicles are in optimal condition, thus promoting safer roadways for everyone.
Advanced Diagnostic Tools
Gone are the days when mechanics had to physically inspect every part of a vehicle to identify issues. With advanced diagnostic tools, technicians can now quickly and accurately diagnose problems, saving time and reducing human error. These tools use computer systems and sensors to scan a vehicle’s performance, detect abnormalities, and provide data for efficient repairs.
Precision Torque Wrenches
Torque wrenches have been crucial in automotive repair for decades, but today’s digital torque wrenches offer enhanced precision and accuracy. These tools allow technicians to calibrate the amount of pressure applied when tightening bolts, ensuring that they are tightened to the exact specifications recommended by manufacturers. This not only improves the quality of repairs but also prevents potential hazards caused by over or under-tightening bolts.
Advanced Tire Balancing Machines
Tires are a critical component of safe driving, and maintaining them in optimal condition is crucial for road safety. With advanced tire balancing machines, technicians can accurately balance tires to ensure even weight distribution and prevent issues like uneven wear or vibrations while driving. This not only promotes a smoother ride but also minimizes the risk of accidents caused by tire failures.
Improved Safety Measures
In addition to advanced tools for repair and maintenance, advancements in technology have also led to improved safety measures in the mechanic’s workshop. For example, some equipment now comes with safety features like automatic shut-off switches to prevent accidents, while others have ergonomic designs to reduce strain on the technician’s body.
That Means …
The evolution of automotive tools has significantly transformed the mechanic’s workshop, improving efficiency and safety for both drivers and technicians. With these advancements, we can expect even more precise and efficient repairs in the future, contributing to safer roads for all.
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