Victoria BC Community Blog

Last Time Home Buyers - Things to Consider Tag: Estate Planning

Posted by Niels Madsen on August 27, 2021

Estimated Read Time: 6 minutes

There is plenty of information and focus on First Time Home Buyers, understandably so as it is a big milestone and achievement in someone’s life. But something that doesn’t get spoken about too often is the idea of a Last Time Home Buyer. 

Of course you don’t always know for sure when your last home will be purchased, however there are some life decisions and stages that can make the distinction clear. 

Usually, a last time home buyer will be in their golden years of life, and will have to make decisions about downsizing, renting out a house, who will get the house in the will, or even how and when to move into an assisted living or retirement community. All these decisions are big and daunting, but here are a few things to consider. 

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Considerations When Deciding Between a House or Condo Tag: Estate Planning

Posted by Niels Madsen on July 19, 2021

Estimated Read Time: 5 minutes

When choosing the type of property you want to purchase, you’ll be bombarded with many different choices. You need to consider a variety of factors, such as the size of the property, features like if you want your own yard or if a management company handles any of the outdoor/community upkeep, and the types of financing available to purchase the property.

With the increase in buildings being constructed, there is a varied choice of whether to purchase a house or a condo. Note that this blog is talking about a condo, and not an apartment, as technically an apartment is a rental unit, whereas while a condo exists in a building with other units, it is individually owned.

It’s not just the technical label, but there are lots of other technical and practical aspects to deciding between a house and a condo, which will be discussed here.

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A Guide To Your Property Taxes Tag: Estate Planning

Posted by Niels Madsen on September 22, 2020

Estimated Read Time: 4 minutes

Even in these uncertain times there remains, as the famous aphorism goes, only two certainties; death and taxes. Today, thankfully, we’re going to be looking at the latter!

Now that the dust has settled on your 2020 taxes, it’s somehow already time to start looking to 2021. We couldn’t possibly cover everything you need to know about taxes in one blog, but we are going to cover some of the things that can help make paying your taxes easier, as well as the various tax relief programs you could be eligible for.

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A Guide To Wills, Estate Planning, And How To Pass On Your Property Tag: Estate Planning

Posted by Niels Madsen on March 17, 2020

Estimated Read Time: 5 minutes

Planning for what will happen to your assets after you’ve passed is a difficult subject—and one we can understand people being reluctant to approach—but it is very necessary. And once you’re done, you’ll be able to relax knowing everything has been taken care of!

Wills and estate planning are also daunting legal prospects, which is why we’ve prepared this comprehensive guide. 

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