Touchstone Law Group LLP, Author at Touchstone Law Group LLP - Kelowna Lawyers

JUL

2025

Maintaining Records for Your Company

Keeping your company’s records in order is a critical part of managing your business effectively. In accordance with the Business Corporations Act in British Columbia and the Articles of Incorporation, there are several key tasks that must be completed annually to stay...

JUL

2025

“I’d Like to Close on a Foreclosure” – What to Know

Are you considering purchasing a foreclosure? It’s essential to approach foreclosure purchases with caution, as there are significant legal implications that could catch the unprepared buyer off guard. Unlike traditional home purchases, where buyers typically receive a property...

JUN

2025

“To Incorporate or Not to Incorporate… Shakespear would have”

When deciding whether to incorporate a business or continue operating as a sole proprietorship, there are both accounting and legal factors to consider, each with significant implications. From an accounting perspective, one key advantage of incorporation is the ability to split...

MAY

2025

More Debts Than Assets. Do I Really Need A Will?

Creating a will serves many important purposes, with the primary one being to ensure that your assets are passed on to the family members and friends you choose. However, this is just the beginning. A will provides you with the opportunity to appoint ...

MAY

2025

“Karma, karma, karma, karma, karma Commercial Real Estate”

You come and go, you come and go. When purchasing commercial real estate that is tenant-occupied, particularly if the new owner intends to take over the existing leases, there are several key considerations a prospective buyer should address. One of the first steps is to obtain...

APR

2025

Survey Certificates – The Bees Knees if available

When purchasing a home, the only reliable way to establish the property’s lot boundaries and the location of any improvements is through a current survey certificate provided by a qualified surveyor. While the plan filed with the Land Title Office can be helpful, it is not...

APR

2025

“Is My Napkin Will Valid?”

It’s Friday night, you’ve uncorked a bottle of the Okanagan’s finest Syrah, and as you sip, your mind wanders into deeper territory. Suddenly, a thought hits: “I don’t have a will!” In a burst of inspiration, you grab the nearest napkin and...

MAR

2025

Trust Funds – Why do we need your receipt/draft/etc.?

As part of the Law Society of British Columbia requirements, law firms are required to retain certain records for all funds deposited to the law firm’s trust account which is often a pooled trust account including funds for multiple clients. Electronic deposits into a law...

MAR

2025

SPECULATION TAX – REMEMBER TO DECLARE!

As we approach the March 31 deadline for the December 31, 2024 declarations required to be made under the Speculation and Vacancy Tax Act in British Columbia (the “Act”), we wish to remind you to consider what, if any, steps you are required to take with respect to property owned...

FEB

2025

NEW YEAR, NEW TAX IMPLICATIONS!

January 1, 2025 means the launch of the new “anti-flipping tax rule” in British Columbia applicable under the Residential Property (Short-Term Holding) Profit Tax Act (the “Act”). Generally speaking, the new Act will serve to tax property owners who sell a property with...

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Maintaining Records for Your Company

“I’d Like to Close on a Foreclosure” – What to Know

“To Incorporate or Not to Incorporate… Shakespear would have”

More Debts Than Assets. Do I Really Need A Will?

“Karma, karma, karma, karma, karma Commercial Real Estate”

Survey Certificates – The Bees Knees if available

“Is My Napkin Will Valid?”

Trust Funds – Why do we need your receipt/draft/etc.?

SPECULATION TAX – REMEMBER TO DECLARE!

NEW YEAR, NEW TAX IMPLICATIONS!

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“I’d Like to Close on a Foreclosure” – What to Know

“To Incorporate or Not to Incorporate… Shakespear would have”

More Debts Than Assets. Do I Really Need A Will?

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