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

MAR

2020

Does the Will Govern all a Person’s Assets?

We are often asked how it works with a person’s assets after their death. Are all the assets dealt with by the Will and administered by their executor? In other words, do all their assets fall into their estate? The short and simple (and favourite) answer is – not...

FEB

2020

Incapacity Planning

This article discusses three commonly used incapacity planning documents: Power of Attorney, Representation Agreement and Advance Directive. Power of Attorney A Power of Attorney (“POA”) is a legal document that allows you to give legal authority to a trusted person (yo...

FEB

2020

Introduction to Wills Variation Claims

Under the British Columbia Wills, Estates and Succession Act (“WESA”), a spouse or child has the right to challenge the distribution of assets set out in a deceased’s will. This is called a “wills variation claim”, and the right to bring such a claim is...

JAN

2020

Mortgage vs. Line of Credit?

In our practice, we routinely deal with mortgages in the course of all types of residential real estate transactions. The term “mortgage” refers to the nature of the registration against title to a property rather than the actual credit facility that the borrower has taken out...

JAN

2020

Strata Bylaw Pet Restrictions

Each strata corporation is governed by a set of bylaws. Bylaws outline the rights and obligations of the owners of the strata lots as well as the obligations of tenants, occupants or visitors of such owners. For example, strata bylaws may provide for the control, management,...

DEC

2019

What Happens If a Property Owner Loses Capacity?

A person must have “capacity” in order to enter into a legally binding contract with respect to land. Two of the most common contracts with respect to real estate include a Contract of Purchase and Sale which is used to purchase or sell real estate or a Residential Tenancy...

DEC

2019

Directors of Corporations and Societies

A director is an individual appointed by the shareholders of a corporation or the members of a society (as applicable) to manage or supervise the management of the operations of the corporation or society, (as applicable). In this article we will discuss some of the...

NOV

2019

Speculation Tax – Choosing the Completion Date and Possession Date

On February 22, 2018, the B.C. budget introduced its new proposed speculation tax which was brought into law on November 27, 2018 under the Speculation and Vacancy Tax Act, SBC 2018 c.46 (the “Act”). The B.C. speculation tax targets owners of residential properties in parts of...

NOV

2019

Conveyancing Documents #101 – Receipt of Terms (Part 3)

In the second part of this three-part series, we discussed a document referred to as the Acknowledgement and Direction. For more information on Acknowledgement and Directions, please visit:...

OCT

2019

Conveyancing Documents #101 – Acknowledgment and Direction (Part 2)

In the first part of this series of articles, we discussed a document referred to as the Lender/Buyer Consent. If you would like a recap of the Lender/Buyer Consent, please visit: https://touchstonelawgroup.com/conveyancing-documents-101-lenderbuyer-consent-part-1/. This week,...

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Does the Will Govern all a Person’s Assets?

Incapacity Planning

Introduction to Wills Variation Claims

Mortgage vs. Line of Credit?

Strata Bylaw Pet Restrictions

What Happens If a Property Owner Loses Capacity?

Directors of Corporations and Societies

Speculation Tax – Choosing the Completion Date and Possession Date

Conveyancing Documents #101 – Receipt of Terms (Part 3)

Conveyancing Documents #101 – Acknowledgment and Direction (Part 2)

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