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
10
NOV
2016

Transition To The New Societies Act

A new Societies Act (the “Act”) will come into force in British Columbia on November 28, 2016 replacing the existing Society Act.   Some of the notable changes under the new Act are as follows: Who can be a director? Under the new Act, an individual must be “qualified” to act as...
01
NOV
2016

Statutory Building Schemes

It is no secret to our industry associates that we recommend having a lawyer review the contract, title search and property disclosure statement (and other ancillary documents) on a purchase of real estate prior to conditions being removed (and of course having appropriate...
11
OCT
2016

Your New Mortgage: When and how can it be paid out?

We have come across a few mortgages lately that provide for very restrictive prepayment rights.  Many mortgages will limit early repayment, without payment of a prepayment charge, to a certain percentage of the original principal amount and/or to increases to the regular payments...
26
SEP
2016

When Should You Make a Will?

A will is a legal instrument which sets out how your estate (including both your assets and liabilities) will be distributed upon your death.  If you pass away without a validly executed will, your estate will be distributed in accordance with the default “intestacy” rules set...
30
AUG
2016

Can Employers Lay Off Employees on a Temporary Basis?

If an employer is experiencing financial difficulties, it may be necessary to lay off one or more employees on a temporary basis until circumstances improve.  Temporary layoffs allow employers to reduce labour costs in the short-term without triggering severance obligations...
27
JUL
2015

Are Estate Planning Documents Executed Outside of BC Effective Here?

Did you know that estate planning documents (such as a will, power of attorney, representation agreement, etc.) executed outside of BC may not be effective in BC? The good news is that whether you moved to BC last week or 10 years ago, it is not too late to review your estate...
17
JUL
2015

Personal Real Estate Corporations – Finally, the benefits of a corporation for real estate licensees

On January 1, 2009 British Columbia became the first province in Canada to allow licensed realtors to incorporate using Personal Real Estate Corporations (“PRECs”). Prior to January 1, 2009, real estate licensees did not have access to the benefits of incorporation that are...
09
JUN
2015

What does my Will have to look like, and can I just write it myself?

In our very first blog post titled “Can I just write where I want my stuff to go on a napkin” on January 18th, 2013 we discussed the form and execution requirements of valid wills. Since that post, the Wills, Estates and Succession Act, SBC 2009, c 13 (“WESA”) came into force in...
22
APR
2015

What You Don’t Know About Trademarks Could Hurt You

A trademark is a shortcut that helps consumers distinguish your products and services from those of your competitors.  It can be a name, a slogan, a logo, or a combination of word and design elements.  It can even be a three-dimensional shape or a sound. Many small business...
31
MAR
2015

WESA One Year Later – Changes in the Wills legislation and the impacts on your Will

The Wills, Estates and Succession Act SBC 2009, c. 13 (“WESA”) came into force one year ago (March 31, 2014) and drastically overhauled B.C.’s wills & estates legislative framework.  One of the questions we get asked most often is whether a Will signed...