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
01
JUN
2022

Non-Competition Agreements

When selling your business, you will often notice that the buyer wants to include a “Non-Competition Agreement”. What is a Non-Competition Agreement? Typically, a non-competition agreement is included as one of the provisions in the purchase of a business. The buyer will want to...
18
MAY
2022

Where to Keep your Estate Planning Documents

Finalizing your estate planning documents is an important step to ensuring that your affairs are in order to properly protect you and take care of your loved ones upon your passing.  Once you have your estate planning documents in place, you will need to decide where to keep...
30
APR
2022

What are closing costs?

As you work through the process of purchasing a home, you will often hear references to the term “closing costs” or something similar in nature.  That terminology is intended to refer to the costs that a party needs to consider, in addition to their down payment funds, when...
15
APR
2022

What are the Benefits of a Professional Corporation and How do I Incorporate?

For many professionals, incorporating and operating through a professional corporation can have various tax benefits. In British Columbia, there are a number of professions who may be permitted to do so, to name a few: Accountants; Architects; Engineers; Massage Therapists;...
01
APR
2022

Fixed Rate Mortgages vs. Variable Rate Mortgages

When considering a mortgage borrowers have multiple options including the term, differing interest rates, and payment frequency.  These options should be considered carefully, and a mortgage selected based on the priorities and preferences of the borrower.  Particularly...
16
MAR
2022

Real Estate Transactions and Utilities

When purchasing or selling a property there are some important considerations with respect to utility accounts (water/sewer/electricity/gas/telecommunications) that the buyers and sellers, as well as their legal representatives, will need to consider. In many cases the seller’s...
07
MAR
2022

Selecting a Business Structure

Choosing a structure can be difficult for business owners, but selecting the right legal structure is a necessary part of running your business.  This decision will vary depending on your goals and your individual business, but understanding your options is important whether...
14
FEB
2022

Strata Properties – Parking Stalls

The ownership and the right to use of parking stalls in the context of strata property ownership can be confusing for purchasers. A parking stall may be a constituent part of the strata lot that is automatically transferred with the title to the strata lot. In some cases, a...
02
FEB
2022

Speculation Tax

It is that time of year again!  For properties located in areas subject to the BC Speculation and Vacancy Tax, declarations for the period ending on December 31, 2021 are due prior to March 31, 2022.  Notifications have been mailed to property owners and will include...
07
JUN
2021

Property Taxes: Don’t be Late!

Property tax due dates are fast approaching in most municipalities in our area.  If you have recently purchased or sold a property, you will want to pay special attention to property taxes to ensure the appropriate steps are being taken for the current year.  You should...