In order to allow our wonderful staff the opportunity to spend some extra time with family and friends, we will be closed over the upcoming holiday season as follows: We will be open on Friday, December 23 until noon and then closed for the holidays and we will reopen for business at 8:00 am on Tuesday, January 3, 2023.
Read Full Article ›We develop and use technology to respond to problems and make our lives easier. Communication technology in particular has advanced rapidly over the recent decades....
Read Full Article ›The Land Titles Offices in Alberta are currently experiencing the longest registration delays in their history. As of the second week of March 2022, documents...
Read Full Article ›You can increase the ability to sell your business and lower the legal and accounting costs associated with the sale by preparing your business for sale.
Read Full Article ›We are often asked if there is a central government registry in Alberta where someone could search to determine whether a Will has been done. The simple answer is: No.
Read Full Article ›The Alberta Court of Appeal has once again emphasized the importance of "getting it in writing" and also making sure any agreement is signed, especially where there is a husband and wife.
Read Full Article ›An "estate freeze" is a device that is used to "freeze" the value of a business or asset in the hands of one party and transfer the future growth to another person without triggering undue tax consequences.
Read Full Article ›Many clients ask us: "Will you store my Will?" The answer is: No.
Read Full Article ›Can I use a Power of Attorney to buy, sell or mortgage real estate?
Read Full Article ›As lawyers, we often extol the virtues of getting a will done. We point out the advantages of naming the beneficiaries of your choice and making sure your estate is looked after by the executor or personal representative of your choice.
Read Full Article ›After five years and multiple drafts we just completed a Unanimous Shareholders Agreement (USA) for a long standing corporate client. Congratulations to them for persisting until they walked out of our office with a completed document. This USA will last for many years and likely govern their relations until they either sell or wind down the business.
Read Full Article ›The Alberta Real Estate Association (AREA) published an article written by Stan Galbraith in their September newsletter. This newsletter is distributed to all real estate professionals in Alberta.
Read Full Article ›In this, the latest addition to our video series, Alex Dimitroff addresses the question of bridge or interim financing. Alex explains that this is a loan you will arrange to make sure your real estate purchase closes smoothly when you are relying on the money from the sale of an existing home.
Read Full Article ›Who is the best choice to act as the Personal Representative or Executor of my estate? By the way, Personal Representative or PR is the new single designation we use in Alberta to replace the traditional designations of Executor, Executrix, Administrator, and Administratrix.
Read Full Article ›What about adding my children to the title to my home? Won’t this simplify my estate and reduce the expenses?
Read Full Article ›Many people ask us: My estate is quite simple. Do I really need to pay a lawyer to help me prepare my will? I have seen wills kits available at my local book store or online and I think these will work just fine. What do you think?
Read Full Article ›A recent case from the Alberta Court of Appeal dealt with a dispute between two brothers regarding the ownership of a rental property in Calgary. When purchased, the property was registered in both names as joint tenants. Later on, a dispute arose as to ownership.
Read Full Article ›On June 21, 2013, coincidentally the first day of summer, Stan Galbraith attended his first Board meeting as one of the newly elected Directors of the Appropriate Dispute Resolution Institute of Alberta (ADRIA).
Read Full Article ›Death and real estate can be a complex issue. To put it simply, when someone dies, the ability to transfer any land is lost until a Court Order, known as a Grant, is obtained.
Read Full Article ›First and foremost I was struck by the caring, dedication and compassion of the staff and volunteers at the Sturgeon. I have been a member of the Ethics Committee at this hospital since 2007 so I am intimately familiar with the commitment and expertise of my fellow committee members. Over the years, we have tackled some sensitive and important issues.
Read Full Article ›One of the fundamental building blocks of every corporation is the share capital. This is the means by which investors own the business. In old English law, it started out very simply. People who invested in and owned the business did so through holding shares in the business.
Read Full Article ›Previously, we discussed how we all have habits and preferences, most of which we are not aware of. These habits and preferences unconsciously dictate our behavior throughout the day. In fact, the vast majority of the time this makes life easier.
Read Full Article ›One of the greatest legacies you can leave is through charitable giving in your will. The vast majority of Canadians give to charity every year during their lifetime. In Alberta, the percentage of people making gifts to charity every year is the highest in Canada.
Read Full Article ›Many people have asked us what a Personal Representative or Executor of charge for their services. Some inquiries originate from beneficiaries who understandably wish to make sure estate expenses are kept to a minimum.
Read Full Article ›In my last post, I talked about our habits and preferences. How we tend to sit in the same chair both at home, at work or in public places such as meetings, church or seminars. Paying attention to habits and preferences of others can help us put them at ease and build a stronger relationship.
Read Full Article ›Identification with your photograph issued by a governmental authority is required to do business with Galbraith Law. Whether completing a real estate purchase or sale, signing a new will or incorporating a new business government issued photo ID is essential.
Read Full Article ›Ever notice how people will sit in the same chair when they go to a meeting, seminar, church, lunchroom, theater or especially at home?
Read Full Article ›We are often asked: Should I incorporate? What about the share structure? What should it look like? I’m thinking about employee share ownership. How does that work? What about a Unanimous Shareholders Agreement? How can I sell my business? Should I sell shares or assets? My accountant says it is time for a corporate restructuring. What does that look like? Can you help me with succession planning?
Read Full Article ›The rules for distribution on intestacy changed substantially when the new Wills and Succession Act arrived in Alberta.
Read Full Article ›As lawyers we are keenly aware of the cost of high quality legal services and also the tremendous benefits.
Read Full Article ›When someone dies without a will they are said to die intestate. Previously, the distribution of the estate of a person who died intestate was governed by the Intestate Succession Act.
Read Full Article ›Best of the season to all of you! Now that we have survived the end of the world, we have an opportunity to pause, breathe, get grounded, connect with ourselves, connect with our loved ones and the world around us and feel the gratitude of all the presents we have right here in the present moment.
Read Full Article ›Seasons Greetings and Christmas Hours. In order to allow our wonderful staff the opportunity to spend some extra time with family and friends, we will be closed over the upcoming holiday season as follows. We will be open on Christmas Eve December 24 until 12 noon and will then reopen for business at 8:30 am on January 2, 2013.
Read Full Article ›First off, what are we dealing with? The new Wills & Succession Act (WSA) is the single biggest overhaul to Wills & Estates legislation since Alberta became a province in 1905. It affects everything from how Wills are interpreted to rights of family members to file a claim against the estate.
Read Full Article ›The Business Corporations Act provides no effective method to resolve differences between feuding shareholders in a small business. We have seen businesses go from healthy to life support while the shareholders fight over someone?s departure.
Read Full Article ›We make it painless, cost efficient and timely to have a Will prepared by a lawyer. We realize time is a precious commodity. Even though your Will is one of the most crucial documents you will prepare in your lifetime, you still don?t want to make three trips to the lawyer?s office to have your will completed.
Read Full Article ›Galbraith Law provides certainty and economy for clients with a radical new fixed-price billing system.
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