Shipley Group

WILLS
Wills are a critical tool for outlining one's wishes for the distribution of assets, guardianship of minor children, and the designation of an Executor who takes care of administering the estate. Despite this, a November 2010 survey found that only 51% of B.C. adults have a Will in place. Without a Will, the Court will determine who will be the Executor, and the law will decide who is entitled to the estate.
Who should have a Will?
Any adult in B.C. who owns property including real estate, vehicles or other assets; has a dependent spouse or children, and wishes to have someone they know and trust take care of their estate after their death. ~BC Notaries Society.

"Only 51% of B.C. adults have a Will in place." Are you part of the 49%? If you are, book an appointment with Tim for a Will and or Power of Attorney.

Planning to run your business through a private corporation? What that business does matters to the tax man

http://business.financialpost.com/personal-finance/taxes/planning-to-run-your-business-through-a-private-corporation-what-that-business-does-matters-to-the-tax-man

Nationally:

The federal government is ending four child tax credits this year: arts, fitness, education and textbooks in 2017. Parents of children under the age of 16 can pre-pay 2017 arts and fitness programs to claim them on 2016 tax returns as long as total spending for 2016 does not exceed $250 and $500 limits, respectively.

It is also cancelling income splitting for families, a tax reduction measure that allowed someone to transfer up to $50,000 of income to a spouse with lower income if they had a child under 18 years of age. The tax credit for income splitting was capped at $2,000.

To learn more: http://www.theprovince.com/business/canadians+face+some+changes+year+after+busy+2016/12603517/story.html

Notary Public Services
Tim Shipley - Notary Public
If you are buying or selling property, remortgaging your home for renovation purposes, or transferring your property between family members for tax purposes, we can look after all your property transfer needs.

Notaries can handle all areas of real estate transactions and we work closely with all major financial institutions and real estate firms in order to prepare the necessary documentation to complete the property transfer (conveyancing) process.

Our legal services include review of real estate contracts and title information, preparation of Wills and Powers of Attorney, witnessing of signatures on Affidavits and Statutory Declarations as well the preparation of other legal documents that may be required. Please note that we are available for home or hospital visits when required.