Tax Treatment of Testamentary Trusts

Posted in Blog, Wills, Trusts & Estates

The Federal 2014 budget has brought a significant change to the tax treatment of testamentary trusts (i.e. a trust created in a will). Previously a testamentary trust was taxed on its income at graduated rates, the same way that an individual is taxed. Effective in....

A new way to be buried!

Posted in Gossip & Gripes

A Kelowna business is looking at burials in an entirely new way. Not sure its for everyone though... http://www.cbc.ca/news/canada/british-columbia/human-composting-possible-option-as-kelowna-cemetery-fills-up-1.2919951....

Legal Tests For Mental Capacity

Posted in Blog, Featured Articles

Our annual Law Society fees include some funds set aside for the Vancouver Bar Association’s work on a magazine called “The Advocate”. It’s a monthly publication sent to BC lawyers which includes a lot of litigation related articles, with the odd nugget thrown in for....

Estate Planning Your Title

Posted in Blog, Featured Articles, Real Estate

When purchasing a home, you will need to decide how to register your title. This will involve at least some basic estate planning choices being made. The most common option is for spouses to register as joint tenants. This means they will each own an undivided....

Business Leases – Parking Issues

Posted in Blog, Business Law, Featured Articles

A lease agreement for a business premise is one of the more complicated documents a business owner will encounter. Many issues are covered it a lease agreement some of which are often overlooked during the negotiation process. Overlooking minor issues during lease negotiations can lead....

What We Can Learn From Celebrity Estate Planning Gone Wrong

Posted in Blog

Original article @ Forbes.com Have you seen the new “all-star” celebrity line up of Donald Trump’s Celebrity Apprentice? Admit it.  Like many Americans, you may feel a guilty pleasure watching celebrities make silly mistakes on national television. While it’s mostly entertainment, there is one area where learning about....

Narrowing Aboriginal Land Claims

Posted in Blog, Featured Articles, News & Events

Here's a great article we found discussiing the  B.C. Court of Appeal’s decision in Roger William v. British Columbia which has narrowed Aboriginal land claim rights. We are expecting this to be appealed by the Supreme Court of Canada. http://business.financialpost.com/2012/07/18/court-narrows-claim-to-specific-land-areas/ photo credit: Michelle Siu/The Canadian Press....

Having a Complete Estate Plan

Posted in Blog

The Canadian Bar Association recently published some information on the basic importance of having a complete estate plan: http://www.cba.org/bc/public_media/wills/176.aspx. To be frank, your estate plan is something that should definitely not be taken lightly, despite the emotional cloud looming overhead that can often be a....

Client Spotlight – Excel Spa

Posted in Blog, Client Businesses

Tim & Judy Foster are pleased to announce the purchase of Excel Spa from Janinne Cleary in July of 2011. Excel Spa recently celebrated its 28th year in business and we hope to continue to improve in the success of this award winning full service....

Client Spotlight – Urban Rec Okanagan

Posted in Blog

Urban Rec Okanagan  is the valley’s newest Sports and Recreation company.  With a focus on fun, social and recreational coed sports Urban Rec Kelowna is your home to being active and meeting new people while keeping physically fit. Offering year-round coed sports leagues in Volleyball, Soccer,....

Client Spotlight – Atomic 55

Posted in Blog

Atomic 55, as you can clearly see by scrolling to the bottom of this page, is the website developer for Montgomery Miles & Stone Law Firm.  Atomic 55 is owned by Ryan and Jennifer Grundy and operates out of the technology building at the corner....

Job Opportunity: Legal Assistant

Posted in Blog

Montgomery Miles is looking for a new staff member to join its busy team. We are looking for an experienced legal professional with the necessary background and experience to be considered a “jack of all trades” such that you could handle working in any of....

First Time Homebuyers’ Bonus

Posted in Blog

NEW TAX REBATES: FIRST TIME NEW HOMEBUYERS’ BONUS New first time homebuyers got some GREAT NEWS when the British Columbia Provincial Budget for 2012 was announced in February. Not only was the HST Rebate Threshold for new home purchases increased from $525,000.00 to $850,000.00, increasing the maximum....

Real Estate Tips From Us to You

Posted in Blog, Real Estate

As a busy conveyancing firm, we see transactions with all sorts of unique aspects. Often we wonder why a decision was made to do X, and wish that we did have the opportunity to speak to a client before the contract was finalized. As this....

Estate Planning for Blended Families

Posted in Blog, Real Estate

The challenges that people face in making an estate plan for a blended family will cause most people to lose sleep.  Once decisions have finally been made, the challenge is still not over. Family dynamics, relationships and priorities constantly change, so the matter must be....

Encumbrances on the Title to Your Property

Posted in Blog, Real Estate

It has become quite common for a real estate purchase agreement to provide a subject clause that the deal will be subject to the purchaser checking the title to the property. Stop right there! This is a very important clause and should not be waived....

Elder Abuse Awareness Forum

Posted in Blog, News & Events

Free Admission! Topics to include: Wills, Estates & Legal Matters Preventing Financial Abuse & Increasing Awareness Preventing & Increasing Awareness of Physical & Sexual Abuse Emotional, Neglect, Abuse & Suicide Awareness Community Policing Community Resources Donations to support the Okanagan Suicide Awareness Society would be appreciated. Brought to you by:....

Confessions of a “Squeezer”

Posted in Gossip & Gripes

Having driven without a traffic accident (touch wood) for over 20 years, I consider myself, as Dustin Hoffman says in Rain Man, an "excellent driver". I think that I know the rules of the road inside and out which is why on many occasions, I find....

Get It In Writing!

Posted in Uncategorised

Contracts of Purchase and Sale for real estate must be in writing. As lawyers, we unfortunately often see the contract after subjects are removed or very close to the closing day. Many “terms” are discussed between the parties or just assumed to apply, but never....

Voted Best Law Firm 2010

Posted in Featured Articles

Montgomery Miles & Stone Law Firm is very excited to have been named a finalist for the Best Kelowna Law Firm by the readers of Okanagan Life magazine. We thank our clients and those in the community who voted for us.....

New Associate Lawyer

Posted in Featured Articles

Deanna Stone practices in the same areas as both Richard and Dave: Real Estate, Business Law, and Wills, Trusts & Estates plus she handles native land transactions on Westbank First Nation lands. You can reach Deanna by calling her directly at 250-980-3362 or by email....

Get Social with Montgomery Miles

Posted in Featured Articles

Friend us on Facebook to stay up to date on the latest legal news that concerns you and the local community.  From local hot topics to global legal matters we've got you covered. Not a social media superstar yet?  Sign up for our monthly newsletter....

Mom…Dad…Can I borrow some money?

Posted in Blog, Business Law, Uncategorised

Let’s face it, at some point in your life your children are going to come looking for money. Many parents find themselves frequently becoming their children’s willing (or unwilling) creditors. From simple promissory notes, payable on demand, to more complex instruments such as....

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