Yesterday, the BC Legislature tabled Bill 14, which includes important amendments to BC’s Family Law Act (FLA). The current version of the FLA contains problematic provisions with respect to discretionary trusts. A complete version of Bill 14 is available online at: http://www.leg.bc.ca/40th2nd/1st_read/gov14-1.htm. The specific amendments regarding discretionary trusts are at sections 10-13.
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RegisterAmendments proposed to correct treatment of discretionary trusts in BC’s Family Law Act
Canada
March 5 2014
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Edward J. Willey III
Corporate Counsel
Huawei Technologies (USA)
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