Sorry to hear about the sad news.
In a situation like this, the last thing you'd want to think about is money (assets and inheritance). But from a purely pragmatic perspective, I think it is a good idea to have as much of the person's personal assets transferred to somebody else's name (before he dies) to avoid getting charged by the government. There is no estate, succession, inheritance or death taxes in BC, but you still get slapped with a ridiculous probate fee that ranges from anywhere between 0 - 1.4% of the person's estate. If the person has a $500k house under his name, for example, that would immediately amount to almost a $7k probate fee from that alone.
It is not cheap to die... 
-Lik |