There are typically 5 stages where your lawyer should be involved in the purchase or sale of a business: Letter of Intent (the initial offer); due diligence; drafting the agreements; closing the transaction; and attending to post closing matters. Over the next few weeks we’ll be discussing each of these stages. The first step is […]
WE HAVE SO MANY CLIENTS DOING AMAZING THINGS IN THEIR BUSINESSES AND IN THE COMMUNITY. EACH MONTH, ALLISON TAKES A CLIENT FOR COFFEE TO FIND OUT MORE ABOUT WHAT THEY’RE UP TO SO WE CAN SHARE THEIR STORY. THIS MONTH SHE SAT DOWN WITH TATE AND NANCY FROM GEMSTONE LIGHTS. Meet Tate Leavitt, founder of […]
A new law is being proposed that would make every adult in Alberta an organ and tissue donor automatically unless they opt out. Our current system requires organ donors to opt-in. The proposed law, the Human Tissue and Organ Donation (Presumed Consent) Amendment Act, passed first reading last week in the Alberta Legislature. The Human […]
A “pipeline” transaction can lower the tax on distributions from your corporation by using high adjusted cost base from capital gains instead of distributing as a dividend. In the past, pipeline transactions were used primarily to avoid the potential double tax that can happen when someone dies owning shares of a private corporation (often called […]
Ben was a guest on on the latest Lawyerist podcast episode! Listen here: You can also read a related blog post Ben wrote for Lawyerist by clicking here. The Lawyerist Podcast features successful lawyers, authors and thought leaders, and other creatives helping to shape the future of law practice.
Most lawyers provide some type of initial consultation, either over the phone or in person. You should use the consultation to ask the lawyer some basic questions to help you decide whether you should hire that lawyer. Here are six essential questions to help you make an educated decision. How long have you practiced business […]
WE HAVE SO MANY CLIENTS DOING AMAZING THINGS IN THEIR BUSINESSES AND IN THE COMMUNITY. EACH MONTH, ALLISON TAKES A CLIENT FOR COFFEE TO FIND OUT MORE ABOUT WHAT THEY’RE UP TO SO WE CAN SHARE THEIR STORY. THIS MONTH SHE SAT DOWN WITH MICHELLE JOHNSON FROM MJAY PHOTOGRAPHY. Meet Michelle Johnson, the incredibly talented […]
Every corporation needs bylaws, director resolutions, shareholder resolutions, share certificates, share registers and ledgers, and director/officer registers. These documents are typically kept in a binder which is called a “minute book”. In addition to a minute book being required by law, you will also need a properly maintained minute book for various situations during the […]
We have so many clients doing amazing things in their businesses and in the community. Each month, Allison takes a client for coffee to find out more about what they’re up to so we can share their story. This month she sat down with Cat McMechan from Headlock Solutions. Meet Cat McMechan! Cat is creative […]
Drafting Wills is technical and requires specialized knowledge, not only about the common law and legislation directly addressing Wills, but also property law, family law, tax law, and trusts. Every once in a while we see a DIY Will from a Wills kit, online DIY Will service, or one that is entirely handwritten by the […]