Kim Karras

Kim Karras

Principal
B.Comm., LLB., TEP., FEA
Location:
Surrey, British Columbia, Canada
Phone:
604-259-1620
Fax:
604-542-5341
Email:

Kim Karras is the principal of the firm and has been practicing for over 30 years. Her work spans a broad range of areas, including wealth preservation and estate planning, trusts, business succession, corporate reorganizations, estate freezes, real estate and business law.

With a personal focus and individualized approach, Kim works with her clients and their accountants and financial planners to develop and establish comprehensive and personalized estate plans that meet clients' unique circumstances and needs, ensuring that their estate planning objectives are realized. Kim also represents executors and administrators in all stages of estate administration and applications for estate grants.

Kim's practice also focuses on corporate and business law, advising her clients with respect to the appropriate business structures and incorporations, and assisting them on the successful purchase and sale of businesses. She oversees the firm's residential and commercial real estate practices.

Complementing Kim's solicitor practice is her designation as a family enterprise advisor (FEA). As a family enterprise advisor, Kim integrates her own discipline (the practice of law) with those of other professionals such as accountants, bankers, insurance advisors, wealth advisors and financial planners to provide collaborative and complementary advice to business family clients. With a broader perspective and skills related to the business and legal issues that families traditionally face, Kim can assist in business succession and transition planning, corporate and family governance, and wills, estate and trust planning.

Kim is also a registered trust and estate practitioner (TEP) with the Society of Trust and Estate Practitioners and has years of experience in estate planning, estate administration and the preparation of wills and trusts. Best Lawyers in Canada, 2016 to 2018 editions, recognized Kim for her work in the practice area of trusts and estates.

Kim is a frequent instructor for the Continuing Legal Education (CLE) Society of BC and was included in CLE's list "CLE BC's Most Prolific Volunteers: 1996 to 2016" for her 30-plus contributions (which include presenting or chairing a course and authoring or updating a publication or course paper). She has authored several papers in the area of estate planning.

Kim is an active member of the Canadian Bar Association and was an elected member of the Provincial Council (Westminster County) for the years 2013 to 2016. In 2014, Kim was a recipient of the CBA Community Service Award "in recognition of her outstanding contribution to the life and well-being on her community."

Although not a Rotarian herself, in 2010 Kim received a Paul Harris Fellowship from the Rotary Foundation of Rotary International. In 2005, the South Surrey/White Rock Chamber of Commerce awarded Kim the Independent Business Person of the Year.

Kim obtained both her bachelor of commerce and her law degree from the University of British Columbia. She articled with a large national Vancouver law firm and began practicing in 1986.

Kim was born in Vancouver, is married with two adult daughters and has lived in South Surrey since 1992. She is actively involved in community affairs and in her spare time enjoys skiing and travelling, particularly to explore the food scenes in major cities throughout the world.

Areas Of Practice

  • Estate planning, wills and trusts and estate administration
  • Real estate and financing
  • Corporate, commercial and business law

Bar Admissions

  • British Columbia, 1986

Education

  • University of British Columbia, Faculty of Law, Vancouver, British Columbia, Canada
    • LL.B., Bachelor of Laws - 1985
  • University of British Columbia Faculty of Commerce
    • Bachelor of Commerce - 1984

Published Works

  • A Primer – Tax Fundamentals for Wills and Estate Planners, Continuing Legal Education Society of B.C., October 2006
  • Acting for Private Lenders – Consideration for Conveyancers Preparing Their Mortgages and Representing Their Interests, Continuing Legal Education Society of B.C., October 2006
  • Wills, Trusts and Estate Planning, A Core Practice Area for The General Solicitor, Continuing Legal Education Society of B.C, February 2007
  • Professional Conflicts – Advising Personal Representative on Their Duties and Interests as Beneficiaries, Continuing Legal Education Society of B.C., June 2008
  • Acting for Blended Families: Conflicts, the Code of Professional Conduct and Client Retainers, Continuing Legal Education Society of B.C., May 2015

Classes/Seminars

  • Instructor, Death is Not the End, Estate Administration Workshop, B.C. Continuing Legal Education Society, January 2003, January 2006, January 2009, February 2012, February 2015 and March 2018
  • Instructor, Rest in Peace, Let Thy Clients will be Done/Wills Drafting, B.C. Continuing Legal Education Society, January 2004, May 2007 and February 2010
  • Instructor, Wills Drafting Workshop, B.C. Continuing Legal Education Society, May 2013 and April 2019
  • Presenter, Wills and Estate Planning Basics, B.C. Continuing Legal Education Society, October 2006 and May 2012
  • Presenter, Conveyancing for Legal Support Staff, Advanced Issues, B.C. Continuing Legal Education Society, October 2006 and 2011
  • Presenter, Surrey Bar 2007, Wills Estates and Trusts Developments, B.C. Continuing Legal Education Society, February 2007
  • Presenter, Estates: Out of the Ordinary Problems, Continuing Legal Education Society, June 27, 2008
  • Speaker, Solo and Small Firm Conference, B.C. Continuing Legal Education Society, March 2011
  • Presenter, Advanced Conveyancing for Paralegals, B.C. Continuing Legal Education Society, June 7, 2013
  • Presenter, Estate Planning for Blended Families, B.C. Continuing Legal Education Society, May 22, 2015
  • Course Chair and Presenter, Wills & Estate Practice for Paralegals and Legal Support Staff, Continuing Legal Education Society of B.C., June 26, 2015
  • Presenter, It’s a New Dawn, It’s a New Day: Life Interest Trusts, Webinar, Canadian Bar Association, BC Branch, February 24, 2016
  • Course Materials Contributor, Wills Drafting Workshop in the Context of Estate Planning, B.C. Continuing Legal Education Society, June 2016

Recognitions and Awards

  • Recipient, CBA Community Service Award, 2014
  • Recipient, Paul Harris Fellowship, 2010
  • Independent Business Person of the Year, South Surrey/White Rock Chamber of Commerce, 2005
  • Best Lawyers in Canada, Trusts and Estates, 2016, 2017 and 2018 editions

Professional Associations, Memberships and Organizations

  • Canadian Bar Association, Member
  • Institute of Family Enterprise Advisors
  • Estate Planning Council of Vancouver
  • The Fraser Valley Estate Planning Council
  • Surrey Bar Association
  • Canadian Bar Association, Provincial Council, Member, 2013-2016
  • Society of Trust and Estate Practitioners (STEP) (Member since 2002)
  • The Canadian Tax Foundation
  • South Surrey/White Rock Chamber of Commerce
  • Surrey Board of Trade
  • Peace Arch Hospital and Community Health Foundation Board of Directors (Chair, 2004-2006)
  • Surrey Foundation, past director