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

MAR

2019

What is a Life Estate?

When helping clients create their customized estate plan, we are often dealing with the scenario of a blended family. A blended family is a family where the couple’s children (or some of the children) were born from a previous relationship. A blended family can face some tough...

FEB

2019

Speculation Tax Update

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 B.C. speculation tax targets owners of residential properties in parts of B.C. whose...

FEB

2019

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...

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...

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...

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...

DEC

2018

Purchasing a Property: Reviewing the Municipal File

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...

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...

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...

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What is a Life Estate?

Speculation Tax Update

Purchasing a Property: Reviewing the Municipal File

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

Beneficiary Designations

Your Estate Planning Bucket List

Purchasing a Property: Reviewing the Municipal File

Do you have to act as Executor?

Upcoming Deadline for Societies to Transition to the New Societies Act

Buying a New Home: Things to Consider

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