Touchstone Law Group LLP
#208 – 1664 Richter Street
Kelowna, B.C., V1Y 8N3
Office Tel: (250) 448-2637
Toll Free: 1 (855) 889-2637
Direct Fax: (778) 484-7101
info@touchstone.law
30
JAN
2019

Speculation Tax Update: It’s an Individual Tax not a Property Tax

After the reviewing the Speculation and Vacancy Tax Act, SBC 2018, c 46 (the “Act”) and chatting with Service B.C. representatives, we can advise that the speculation and vacancy tax is an individual tax not a property tax. So, what does that mean?  It means that that the tax is...
09
JAN
2019

Beneficiary Designations

The Wills, Estates and Succession Act, S.B.C. 2009, c. 13 (the “WESA”) was enacted in March 2014.  The new Act, WESA, helps to simplify and codify the rules affecting wills and estates.  Prior to this legislation, the rules were scattered over various pieces of legislation and in...
17
DEC
2018

Your Estate Planning Bucket List

The passing of a friend or family member is a difficult and emotional time for all. However, there are a few things that you can do during your lifetime to ensure that the administration of your estate is as smooth as possible for your loved ones. In this article, we will discuss...
04
DEC
2018

Purchasing a Property: Reviewing the Municipal File

When purchasing a property, whether residential or commercial, it is a wise idea to review the information on file with the relevant city/town/municipality/regional district.  The buyer should consider whether to include a specific subject for the review of the relevant file in...
19
NOV
2018

Do you have to act as Executor?

An executor is a person named in a will who is responsible carrying out the terms of the will.  Generally speaking, this means taking control of a deceased’s persons assets when they pass away, and distributing their estate according to the terms in their will.  Hopefully if you...
17
OCT
2018

Upcoming Deadline for Societies to Transition to the New Societies Act

The Societies Act (the “Act”) came into force in British Columbia on November 28, 2016 replacing the prior Society Act. The Act requires that all existing societies file a Transition Application with the Corporate Registry to “transition” to the new Act. This transition must be...
03
OCT
2018

Buying a New Home: Things to Consider

Purchasing a new property can be overwhelming for many people – particularly those who are going through it for the first time or those who have not done so in a long time.  There are so many things to consider both prior to writing and submitting an offer on a property as well...
05
SEP
2018

I just received an Inheirtance….do I have to accept it?

What happens when you receive an inheritance from a friend, family member or loved one that you don’t really want?  What if it is a piece of polluted swampland with major environmental concerns? What if the inheritance puts a beneficiary offside any social assistance he or she...
20
AUG
2018

Unstapling a Will

Did you know that you should not unstaple an original will? In this article we will discuss some of the reasons why it is important to keep a will stapled once signed. A will is a legal instrument which sets out how the will maker’s estate (including assets and liabilities) will...
08
AUG
2018

Do I need a lawyer (or notary) to sell my home?

From time to time, we get asked by clients or potential clients whether they are required to have a lawyer (or notary) to complete the sale of a property.  While it is not always necessary, in most cases a lawyer or notary will be required to facilitate the transaction in British...