Touchstone Law Group LLP

NOV

2016

Statutory Building Schemes

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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...

OCT

2016

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

Posted By : Touchstone Law Group LLP

Tags : Real Estate

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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...

SEP

2016

When Should You Make a Will?

Posted By : Touchstone Law Group LLP

Tags : Wills

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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...

AUG

2016

Can Employers Lay Off Employees on a Temporary Basis?

Posted By : Touchstone Law Group LLP

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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...

JUL

2015

Are Estate Planning Documents Executed Outside of BC Effective Here?

Posted By : Touchstone Law Group LLP

Tags : Estate Planning

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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...

JUL

2015

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

Posted By : Touchstone Law Group LLP

Tags : Real Estate

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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...

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Our Law Blog

Statutory Building Schemes

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

When Should You Make a Will?

Can Employers Lay Off Employees on a Temporary Basis?

Are Estate Planning Documents Executed Outside of BC Effective Here?

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

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