Radney's Business Group

n't miss this exciting opportunity to find the very best in kids' bedroom furnishings and décor – all at up to 60% less

When we opened our first HomeSense store in 2001, we knew we had a winning formula - offering you brand name and designer home décor and unique accessories from around the world, all for 20-60% less than you'd pay at a department or specialty store, every single day.

The statutory division in the Act cannot be deviated from. None of your friends or other relatives could benefit from your estate, nor would it be possible for any of your estate to be bequeathed to charities. You have no choice regarding who administers the estate. The Administrator will be appointed by court order. While anyone can apply to do this, preference goes to next of kin (usually the spouse, then children, then parents). If no one applies to do so, the Official Administrator for British Columbia will perform the task. This often prolongs the process. Court ordered appointment of an Administrator usually increases the legal costs to your estate. If you have outstanding debts when you die, your creditors will have to agree to the appointment of your Administrator without bond. If any of them don't agree to this, the court may require your Administrator to post a bond to protect the estate's assets. If you don't have a will, you cannot designate guardians for your children who are under the age of 19. If you have children younger than 19 when you die, their share of your estate will be paid to the Public Guardian and Trustee. It will be administered by this office until they reach the age of 19. You won't have any control over how the monies are paid out for the benefit of your children. Requests can be made for funds before they reach 19, but it's up to the discretion of the Public Guardian. Typically all assets must be converted to cash. Family heirlooms may not stay within your family. These heirlooms will be sold, and the proceeds distributed rather than passing down to your family members. The estate cannot be distributed until one year after your death. Some of your beneficiaries may experience financial hardship in the meantime, especially after payment of funeral expenses. You'll lose the opportunity to take advantage of any legal, tax or estate planning techniques that would have sped up the distribution of assets to your beneficiaries.