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

FEB

2024

What’s my Role in this Company?

The Role of Directors Individuals involved in companies may hold various roles. In some cases, the same individual will hold all of the roles while, in others, different parties will be involved. Over the next few articles, we will cover various roles including...

FEB

2024

Digital Assets and Estate Planning

As our lives become increasingly intertwined with the digital world, it is important to consider and address digital assets in your estate planning. The Wills, Estates and Succession Act (“WESA”) acknowledges a broad definition of “assets”, which encompasses both tangible...

JAN

2024

2024 brings some changes to Touchstone Law Group LLP!

As of December 31, 2023, our receptionist of nearly 5 years leaves us for retirement. Ann has been a welcoming face at our front desk and the wonderful Australian accent on the phone to callers. She has maintained calm in the chaos and kept our front office running. We wish Ann a...

JAN

2024

Resealing a Foreign Grant of Probate in British Columbia

More and more often, we see people with assets located in multiple provinces and countries. When a deceased person lived in another province or country immediately prior to their death and was a resident of that jurisdiction but had assets in British Columbia, their...

DEC

2023

What Assets Pass Through Your Estate?

During your estate planning process, it is important to understand which assets will pass through your estate and which will pass outside of it. When we draft your will, we are only dealing with the assets that will pass through your estate. A number of assets will...

DEC

2023

Post Up! Post-Grant Procedures

Once you’ve received the estate grant, your job as executor or administrator is not over. Obtaining the grant means you can now liquidate the deceased’s assets, settle their debts, finalize any income tax reporting and prepare the proper documentation to distribute the estate....

NOV

2023

Bare Trusts and the new reporting rules

“THIS JUST IN – OKANAGAN RESIDENT BARES ALL!” The Bare Necessities A bare trust (aka naked trust) is a type of trust that separates the legal and beneficial ownership of a property. It is sometimes referred to as a principal-agent relationship. The legal owner, also...

NOV

2023

Short-term rental restrictions coming down the pipe?

This past week, the Province of British Columbia proposed restrictions on short-term rentals through the Short-Term Rental Accommodations Act. These restrictions will most certainly present some significant changes in areas such as the Okanagan where a large number of...

OCT

2023

What is the Underused Housing Tax? – By Crowe MacKay LLP

The following is a general overview of Crowe MacKay LLP’s original Underused Housing Tax article. The underused housing tax (UHT) is a Federal tax applied to vacant or underused housing in Canada, effective January 1, 2022. Generally speaking, this tax targets foreign property...

OCT

2023

Dying Without Family

A few articles ago, we discussed what happens when you die without a will (https://touchstonelawgroup.com/no-will-no-plan-no-maam-dying-without-a-will/). As a refresher, when a person dies intestate (without a will), their relatives inherit in the following order (if they...

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What’s my Role in this Company?

Digital Assets and Estate Planning

2024 brings some changes to Touchstone Law Group LLP!

Resealing a Foreign Grant of Probate in British Columbia

What Assets Pass Through Your Estate?

Post Up! Post-Grant Procedures

Bare Trusts and the new reporting rules

Short-term rental restrictions coming down the pipe?

What is the Underused Housing Tax? – By Crowe MacKay LLP

Dying Without Family

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