On the subject of musician Prince dying without a will, Richard Weiland was interviewed by All In a Day on CBC Radio in Ottawa yesterday on the matter of dying intestacy (without a will). In the interview, Richard states that “if they die with a surviving spouse and young children, the estate is divided between the spouse and the young children but children under the age of 19 can’t hold assets in their own name”, in that case, their share gets paid to the Public Guardian & Trustee, who then holds their share for them until they turn 19.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content
10 Clark Wilson Lawyers Recognized in Best Lawyers Ones to Watch® 2024 Edition
Best Lawyers® has named 10 of Clark Wilson’s lawyers in the 2024 edition of its Ones to Watch list. The list recognizes lawyers who have ... Continued
Megawatt nominated for LexisNexis blog award
Clark Wilson’s Megawatt blog has been nominated as one of LexisNexis’ Top 50 Environmental Law & Climate Change Blogs for 2011. Megawatt covers a broad ... Continued
BC Court of Appeal changes the law of consideration
Consideration is a very important concept in contract law. Generally speaking, a contract is not enforceable unless some consideration – payment or other benefit – ... Continued