We know when we die we will leave all the property or wealth we have accumulated behind. It is important for you to take the steps necessary to ensure the people you want to be in charge of distributing your property get the job with the ability to distribute your property the way you want. …
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What is a Power of Attorney? A Power of Attorney ("POA") is a document authorized under the Power of Attorney Act of British Columbia. A person or company (the “Principal”) signs the POA to appoint another person (the “Attorney” – not to be confused with the American term for lawyer), to act on behalf of…
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What is a Power of Attorney/Enduring Power of Attorney? A Power of Attorney (“POA”) is a document signed by a person (the “Adult”) appointing another person (the “Attorney”) to manage the Adult’s property and finances. Pursuant to the Land Title Act (BC), a POA must be witnessed by a lawyer or notary in order for…
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Introduction to Corporations One of the first decisions to make in establishing a business is what organizational structure will be used. This article is part of our Website series on business organizations and discusses the use of corporations, or companies as a specialized structure for carrying out a specific business purpose. A company, unlike a…
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Introduction Many individuals who succeed in business or maintain a high profile will be asked during their lifetime to act as a director or officer of a corporation or a community organization. In the old days, it was common for people to accept these positions without considering what some of the adverse consequences might be.…
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Introduction A franchise is the right to conduct business in a way that mirrors an already successful business and using the public image cultivated by that business. Recent years have seen the rapid development of the use of franchise structures in all types of businesses, from curbside hotdog vending to large scale manufacturing. This type…
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Family breakdown is no picnic, but it becomes even more complicated when spouses have ties outside of the province that result in properties being owned in more than one jurisdiction or one spouse wanting to move with children outside of BC on separation. The national, and international draw of Kelowna make these questions more and…
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In Canada, every employment relationship is defined by an employment contract. Sometimes these contracts are written out, however, many employment contracts are implied. Simply put, an implied employment contract are the terms, conditions, and expectations defining the relationship between an employee and an employer. If a non-unionized employee does not have a written employment contract,…
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"We have developed a business that we think is going to be very successful, can we sell this opportunity as a franchise?" Before you decide to franchise your business, you must be aware that the business of franchising is a competitive one. It is important that if you are to succeed in marketing your franchise,…
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A Representation Agreement (“RA”) is a legal document with allows a person (the “Adult”) to appoint an individual (the “Representative”) to be their decision maker in the future should they need assistance making personal and/or health care decisions. If you have accepted an appointment as Representative, it will be your responsibility to make those kinds…
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