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

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...

JAN

2025

CONGRATULATIONS TO OUR OWN, NANCY PRIDDLE!

As of December 31, 2024, Nancy Priddle has retired from her role as a legal assistant at Touchstone Law Group LLP. Just short of her 5 year anniversary with Touchstone Law, Nancy will be truly missed as a beaming smile and wonderful sense of humour in the office. She...

DEC

2024

Is my address at Corporate Registry important?

As part of incorporating a company, the shareholders must appoint at least one director who will generally be responsible for running (and/or delegating) the day-to-day operations of the company and have a responsibility to ensure the company complies with certain obligations....

OCT

2024

Client ID Requirements- What Identification do I need to bring to my appointment and why?

The Law Society of British Columbia and virtually all financial institutions in Canada require proper identification verification for every client when a lawyer is retained to provide legal services with respect to a real estate matter. Though identification verification is...

OCT

2024

Selling and Purchasing a Property on the Same Day? Timing is Everything!

When it comes to purchasing and selling a property, there are three important dates to consider: completion, possession and adjustment. Each date can be set at any time, as long as it has been agreed upon by both the Buyer and Seller. The completion date is the date where the...

SEP

2024

TAF – What is that?

TAF, as it is referred to sometimes, is the Trust Administration Fee in British Columbia. You may have come across the acronym TAF on an invoice from your lawyer’s office if they were helping you with a real estate transaction, or in the dispersal of funds from an estate...

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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!

CONGRATULATIONS TO OUR OWN, NANCY PRIDDLE!

Is my address at Corporate Registry important?

Client ID Requirements- What Identification do I need to bring to my appointment and why?

Selling and Purchasing a Property on the Same Day? Timing is Everything!

TAF – What is that?

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

SPECULATION TAX – REMEMBER TO DECLARE!

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