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🧡 TODAY, WE REMEMBER. TODAY, WE LISTEN. TODAY, WE REFLECT.On this National Day for Truth and Reconciliation, we remember...
09/30/2026

🧡 TODAY, WE REMEMBER. TODAY, WE LISTEN. TODAY, WE REFLECT.

On this National Day for Truth and Reconciliation, we remember the children who never returned home, honour the Survivors of residential schools, and recognize the lasting impact on their families, communities and generations.

Truth matters. Justice matters. Reconciliation matters.

As members of our community, we all have a responsibility to listen, to learn, to understand, and to carry these lessons forward.

Reconciliation is not just about remembering the past. It is about the choices we make today and the kind of community we want to build for tomorrow.

There is no place for racism, discrimination or hatred in our society.

Let us choose understanding over ignorance.
Let us choose respect over prejudice.
Let us choose listening over silence.
And let us continue moving forward with truth, dignity, justice and compassion.

🧡 Every child matters. Every story matters. Every step toward reconciliation matters.

Naiya Gill Professional Law Corporation
Committed to our community. Guided by respect. Dedicated to justice.

02/07/2026

Just working on a project and feel like sharing . IT is not a legal Advise, and it for the information purposes only.

Discover Which Type of Trust Works Best for You

Types of Trusts for Estate Planning

As a legal document created during someone's lifetime, a Trust gives designated beneficiaries the right to assets that one person controls. The trustee holds title to all the assets placed in a Trust, while the beneficiaries receive the assets established by the legal language that creates a Trust.

Not all Trusts are created equal, making it essential for you to understand the types of Trusts for estate planning.

Revocable vs. Irrevocable Trusts

The grantor of a Revocable Trust has the right to change the language written into the Trust. Often referred to as a Living Trust, a Revocable Trust allows the grantor to transfer the title of an asset to a Trust. The grantor also serves as the first trustee. During their lifetime, the grantor can add to or remove assets from a Revocable Trust.

On the other hand, an Irrevocable Trust prohibits the grantor from modifying the Trust in any way. Once assets are transferred into an Irrevocable Trust, no one can make any changes to the asset composition of the Trust.

Asset Protection Trust

An Asset Protection Trust (APT) protects the grantor's assets from the claims of creditors and lawsuit settlements. Grantors typically establish APTs to be irrevocable for a certain number of years to ensure the grantor is not a current beneficiary of the assets placed in the Trust. An APT is usually structured to return the undistributed assets to the grantor after the Trust termination if there is no risk of the assets being claimed by a creditor or lawsuit settlement.

Charitable Trust

A Charitable Trust benefits a specific charity. They are created as a part of an estate plan to reduce or avoid gift and estate taxes. As a popular type of Charitable Trust, a Charitable Remainder Trust (CRT) can act as an effective financial planning tool that gives the grantor valuable financial benefits for a lifetime.

Special Needs Trust

Some beneficiaries of Trusts receive government benefits. Once named a beneficiary of a Trust, the beneficiary can lose the government benefits unless a grantor establishes a Special Needs Trust. Considered legal because it follows the rules created by the Social Security system, a Special Needs Trust prevents the beneficiary receiving government benefits from having any control over the distribution of assets.

Spendthrift Trust

Established to prevent a beneficiary from selling or pledging a Trust's financial assets, a Spendthrift Trust is a popular financial planning tool for controlling the spending of an irresponsible heir. In a spendthrift, the named beneficiary receives full asset protection from creditors until the Trust releases the assets at the legally documented time.

Totten Trust

A grantor sets up a Totten Trust by depositing money into an account set up at a financial institution. The grantor uses their name as the trustee for the benefit of a beneficiary. This type of Revocable Trust does not release assets until the grantor dies or if the grantor releases the assets while still alive. When the grantor dies, the assets remaining in the Trust do not go into probate.

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02/04/2026

REPRESENTATION AGREEMENT

A Representation Agreement is a legal document that allows you to appoint someone you trust to make personal, health care, and in some cases, financial decisions on your behalf if you become incapable.
It’s a key tool for planning ahead, ensuring that someone who understands your wishes can act in your best interest.
Speak with a us about creating a Representation Agreement tailored to your circumstances.

11/28/2025

Understanding a Decorating Allowance: Why They Are Considered an Unusual Credit

Disclaimer : this post isd for information purposes only and not a legal advise. I am working on a file and this topic came up, so I felt like sharing

In order to maintain market price points, developers and sellers often prefer to provide incentives to purchasers rather than reducing the purchase price of a new property. One common incentive is a "decorating allowance"—typically ranging between $5,000 and $10,000—which appears as a credit to the purchaser on the Statement of Adjustments at closing.
Although decorating allowances are common in new construction sales, they create issues for mortgage financing, because lenders view them as a form of credit or concession rather than part of the property’s actual value. Mortgage lenders will generally not lend on purchaser incentives that reduce the “true cost” of the property.
Accordingly, most lenders will:
âś” Reduce the mortgage proceeds by the amount of the decorating allowance.
Why?
Because the lender lends against the net purchase price, excluding any credits or incentives. A decorating allowance signals to the lender that the effective price is lower, even if the contract price remains unchanged.
đź“Ś Bottom Line
âś” A decorating allowance is treated as an unusual or non-standard credit by lenders in BC.
âś” It directly reduces the mortgage advance because lenders do not lend on incentives or credits.
âś” Purchasers must be prepared to pay the allowance amount in cash at closing.
âś” Lawyers and notaries must ensure the allowance is properly disclosed to the lender to avoid mortgage funding disputes.

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