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	<title>Montgomery Miles</title>
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	<link>http://www.montgomerymiles.com</link>
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		<title>First Time Homebuyers&#8217; Bonus</title>
		<link>http://www.montgomerymiles.com/blog/time-homebuyers-bonus/</link>
		<comments>http://www.montgomerymiles.com/blog/time-homebuyers-bonus/#comments</comments>
		<pubDate>Mon, 14 May 2012 17:47:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=365</guid>
		<description><![CDATA[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 &#8230; <a href="http://www.montgomerymiles.com/blog/time-homebuyers-bonus/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p><strong>NEW TAX REBATES: </strong></p>
<p><strong>FIRST TIME NEW HOMEBUYERS’ BONUS</strong></p>
<p>New first time homebuyers got some <strong>GREAT NEWS</strong> when the British Columbia Provincial Budget for 2012 was announced in February.</p>
<p>Not only was the HST Rebate Threshold for new home purchases increased from $525,000.00 to $850,000.00, increasing the maximum rebate to $42,500.00, the BC Government also announced the introduction of a new First-Time New Home Buyers’ Bonus.</p>
<p>For eligible buyers, the new Bonus is a one-time refundable personal income tax credit equal to 5% of the purchase price up to $10,000.00.  In order to be eligible for the Bonus, the buyer(s) need to meet several requirements including:</p>
<ul>
<li>The contract of purchase and sale must be entered into after February 21, 2012;</li>
<li>The buyer(s) must have never previously owned a primary residence anywhere in the world;</li>
<li>The new home must be the buyer(s)’ primary residence following the purchase;</li>
<li>The buyer(s) must have filed a BC resident income tax return for the eligible tax year;</li>
<li>The buyer(s) must take possession and/or ownership of the new home before April 1, 2013;</li>
<li>The home must be located in BC.</li>
</ul>
<p>To find out whether you qualify for the Bonus, you can contact the Income taxation Branch Ministry of Finance of British Columbia at 1(877) 387-3332, visit their website at www.fin.gov.bc.ca, or review the BC government’s fact sheet at the link below:</p>
<p><a href="http://www.bcbudget.gov.bc.ca/2012/homebuyers/2012_First_Time_Home_Buyers_Fact_Sheet.pdf">http://www.bcbudget.gov.bc.ca/2012/homebuyers/2012_First_Time_Home_Buyers_Fact_Sheet.pdf</a></p>
<p>We’d be happy to help you get the best out of your new home buying experience.  Call us anytime for more information or help with your next home purchase.</p>
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		<title>Job Opportunity: Legal Assistant</title>
		<link>http://www.montgomerymiles.com/blog/job-opportunity-legal-assistant/</link>
		<comments>http://www.montgomerymiles.com/blog/job-opportunity-legal-assistant/#comments</comments>
		<pubDate>Thu, 10 May 2012 16:28:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=362</guid>
		<description><![CDATA[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 &#8230; <a href="http://www.montgomerymiles.com/blog/job-opportunity-legal-assistant/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p>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 our practice areas (Business Law; Real Estate Conveyancing; Wills and Estates) with confidence. We are looking for someone with experience working with PC Law, ALF and E-Convey. This position will require you to be flexible and have the ability to move between practice areas on a daily basis as needed.</p>
<p>Wills and Estates – the right person will have a strong familiarity with wills and estates such that they can competently and efficiently complete such work as may be needed, leading to more involvement over the winter months to cover a maternity leave starting in September.</p>
<p>Conveyancing- Your responsibilities would include handling residential purchase, sale and/or mortgage files from start to finish as needed to relieve workload from our lead conveyancer. The position would require a focus on conveyancing leading up to September where the focus would shift to wills and estates.</p>
<p>Backup/Support Corporate – workload permitting, you would assist in the preparation of corporate annual report packages and commercial transactions as needed each month.</p>
<p>Salary will be very competitive and based upon experience. Please forward your resume to Montgomery Miles Law Firm, Attention Dave Miles, either in person or by confidential email to <a href="mailto:dave@montgomerymiles.com">dave@montgomerymiles.com</a>. We thank all applicants for their interest but only those short-listed will be contacted.</p>
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		<title>Do you really need to appoint corporate officers for your Company?</title>
		<link>http://www.montgomerymiles.com/blog/appoint-corporate-officers-company/</link>
		<comments>http://www.montgomerymiles.com/blog/appoint-corporate-officers-company/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 19:02:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=358</guid>
		<description><![CDATA[Under traditional company law, incorporated companies were managed by a board of directors. The board of directors would appoint officers such as CEO, CFO or President, Vice-President, Secretary and Treasurer, to carry our certain duties. There were rules in place &#8230; <a href="http://www.montgomerymiles.com/blog/appoint-corporate-officers-company/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p>Under traditional company law, incorporated companies were managed by a board of directors. The board of directors would appoint officers such as CEO, CFO or President, Vice-President, Secretary and Treasurer, to carry our certain duties. There were rules in place up until 2004 that the President and the Secretary had to be different people unless it was only a one person company.</p>
<p>In many cases, companies only had one or two people involved and the roles of the officers were often ignored or blurred, as most times the directors would do all things for the company as needed.</p>
<p>Companies are no longer required to have any officers at all – just directors. No longer will a married couple need to debate which one of them should be the President. No longer will a customer or a supplier need to worry if they are dealing with the right person, as long as they are dealing with one of the directors. In most one or two person companies, officers are not needed and are often omitted. There may however be exceptions to this general rule, especially with companies where there are more people, so the division of power is clear and so certain or specific tasks are clearly set out.</p>
<p>Photo courtesy of <a href="http://www.flickr.com/photos/fortunelivemedia/6944887878/sizes/o/in/photostream/">Fortune Live Media</a></p>
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		<title>Client Spotlight &#8211; Tidy Tushees Diaper Service</title>
		<link>http://www.montgomerymiles.com/blog/client-spotlight-tidy-tushees-diaper-service/</link>
		<comments>http://www.montgomerymiles.com/blog/client-spotlight-tidy-tushees-diaper-service/#comments</comments>
		<pubDate>Mon, 20 Feb 2012 23:19:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Client Businesses]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=352</guid>
		<description><![CDATA[Tidy Tushees Diaper Service was founded in April 2008 and since that time the company has saved hundreds of thousands of diapers from local landfills and we have expanded our service to include families from Vernon to Penticton. Tidy Tushees &#8230; <a href="http://www.montgomerymiles.com/blog/client-spotlight-tidy-tushees-diaper-service/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-353" src="http://www.montgomerymiles.com/wp-content/uploads/tidytushees_logo_web_small.jpg" alt="" width="160" height="216" />Tidy Tushees Diaper Service was founded in April 2008 and since that time the company has saved hundreds of thousands of diapers from local landfills and we have expanded our service to include families from Vernon to Penticton. Tidy Tushees are the local experts when it comes to diapers and we are happy to share our expertise with free in-home, telephone or email consultations for all your cloth diapering questions. We offer free delivery in Kelowna as well as an affordable “Try Before You Buy” program so families wanting to cloth diaper on their own can “test” the diapers before they invest.</p>
<p>Hi, my name is Michelle Muhlbach and I am the owner of Tidy Tushees Diaper Service!  I started researching cloth diapers while pregnant with my daughter in 2010, as I was always looking for ways to lessen my carbon footprint.  Given that the average baby uses between 5000-7000 diapers (producing more than a tonne of waste); parents can make an enormous environmental impact simply by using cloth diapers.</p>
<p><img class="aligncenter size-medium wp-image-354" src="http://www.montgomerymiles.com/wp-content/uploads/Bummis-SWW-on-baby-247x300.jpg" alt="" width="247" height="300" /></p>
<p>It was only after meeting with Tidy Tushees previous owner, Kelly Paley, that I learned about all of the other possible risks associated with the plastic and chemicals in disposables.  Diaper manufacturers don’t have to release what is in their diapers, yet studies show that our babies are facing increased risks of cancer, respiratory illnesses including asthma, chemical burns and skin sensitivity and even declining fertility rates directly linked to the use of disposables.</p>
<p>Tidy Tushees makes it easy for families to use cloth diapers.  Soft, absorbent, fitted cotton diapers are delivered in a waterproof nylon bag each week. The diapers don’t appear to be any different than other diapers with the same shape and snaps to make them easy to use. Parents or caregivers simply change their baby the same way they would with disposable diapers, but instead of tossing the soiled diaper in a garbage bag (where it will take more than 500 years to break down in the local landfill), it goes into the delivery bag for pick up and laundering. That’s it, no dunking, rinsing or soaking. Just change your baby and help change the planet!</p>
<p>Cloth diapers aren’t any harder to use, will save families money, will reduce the incidents of diaper rash, will encourage children to potty train sooner and will have an enormous environmental impact.”</p>
<p>I was hooked and as luck would have it Tidy Tushees came up for sale about 10 months down the road…enter David Miles! At the outset I found myself thinking “How hard can this really be, it’s the sale of a business between moms”, however I quickly learned that there was a lot more to it than that!  David was essential in my purchase of the business and ensured that the purchase and all transactions ran smoothly and without any surprises, which allowed me to focus making my new venture a success!</p>
<p>What’s upcoming for Tidy Tushees?  In conjunction with Earth Day this year Tidy Tushees will be hosting the Great Cloth Diaper Change at the Laurel Packinghouse on April 21<sup>st</sup>! The Great Cloth Diaper Change is an international cloth diaper changing event, which will attempt to break last year’s Guinness World Record of 5,026 cloth diapers changed simultaneously.  Wish us luck!</p>
<p>Happy Diapering!</p>
<p>Michelle Muhlbach</p>
<p>(250)870-4106</p>
<p><a href="mailto:info@tidytushees.ca">info@tidytushees.ca</a></p>
<p>www.tidytushees.ca</p>
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		<title>Client Spotlight &#8211; Atomic 55</title>
		<link>http://www.montgomerymiles.com/blog/client-spotlight-atomic-55/</link>
		<comments>http://www.montgomerymiles.com/blog/client-spotlight-atomic-55/#comments</comments>
		<pubDate>Sat, 18 Feb 2012 01:02:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=344</guid>
		<description><![CDATA[Atomic 55, as you can clearly see by scrolling to the bottom of this page, is the website developer for Montgomery Miles Law Firm.  Atomic 55 is owned by Ryan and Jennifer Grundy and operates out of the technology building &#8230; <a href="http://www.montgomerymiles.com/blog/client-spotlight-atomic-55/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><a href="http://www.atomic55.net/"><img class="size-full wp-image-345  aligncenter" title="55" src="http://www.montgomerymiles.com/wp-content/uploads/atomic-55.jpg" alt="" width="525" height="151" /></a></p>
<p><a href="http://www.atomic55.net/">Atomic 55</a>, as you can clearly see by scrolling to the bottom of this page, is the website developer for Montgomery Miles Law Firm.  Atomic 55 is owned by Ryan and Jennifer Grundy and operates out of the technology building at the corner of St. Paul and Doyle here in Kelowna after its recent move from its Pandosy Street location. Atomic 55 has a staff of 5 developers locally as well as a team of developers in Indonesia.</p>
<p><img class="aligncenter size-full wp-image-346" title="office 2" src="http://www.montgomerymiles.com/wp-content/uploads/office.jpg" alt="" width="578" height="451" /></p>
<p>Atomic 55 focuses on website design, search engine optimization (SEO) and any kind of marketing your business could require. Their key focuses are on unique creativity and the use of technology in your marketing efforts. Through a separate company, Ryan and Jenn have teamed with another individual to start See Our Tour, which sells a complimentary service of a virtual tour of your business which can be then posted on your website for clients to view. Following this technology, Ryan and Jenn, then formed VUE Techologies to provide a further service known as EstateVue. EstateVue is a real estate tour software unlike any other.</p>
<p><img class="aligncenter size-full wp-image-347" title="office 3" src="http://www.montgomerymiles.com/wp-content/uploads/office-2.jpg" alt="" width="610" height="479" /></p>
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		<title>Client Spotlight &#8211; Westside Warriors</title>
		<link>http://www.montgomerymiles.com/blog/client-spotlight-westside-warriors/</link>
		<comments>http://www.montgomerymiles.com/blog/client-spotlight-westside-warriors/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 19:18:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=340</guid>
		<description><![CDATA[We are happy to be the lawyers for Vision Sports, owner of the Westside Warriors Junior A Hockey Club. The Warriors are looking forward to a great 2011-12 BCHL season. You can check out the schedule as well as get &#8230; <a href="http://www.montgomerymiles.com/blog/client-spotlight-westside-warriors/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p>We are happy to be the lawyers for Vision Sports, owner of the Westside Warriors Junior A Hockey Club. The Warriors are looking forward to a great 2011-12 BCHL season. You can check out the schedule as well as get any information about the team by going to the team’s very well developed website: <a href="http://www.westsidewarriors.ca/leagues/schedules.cfm?clientID=1414&amp;leagueID=3597">www.westsidewarriors.ca</a>.</p>
<p>The owners of the Warriors have been very active in the Kelowna and West Kelowna community, involving the team in many different community fundraisers to help charities and raise awareness for the team. While the team does develop players who may play in the NHL, the team’s focus is on developing players who focus on moving on to play collegiate hockey while also pursing post-secondary education.</p>
<p>The Warriors are a great game to watch and a great place to bring the family out for some great hockey at a reasonable price. If you’re lucky, the game may go into overtime where you will get to see a different OT format – teams go four on four for five minutes but instead of ending it with a shootout, they first play some three on three, ending in a tie if neither team scores. We&#8217;ve witnessed it first hand and it was some of the fastest and most exciting hockey we’ve ever watched, with the Warriors taking the win.</p>
<p>Congrats to Mark and Janelle Cheyne and their hardworking Warrior team on their many successes, and the positive impact they are having in the West Kelowna and Kelowna community.</p>
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		<title>Client Spotlight &#8211; Urban Rec Okanagan</title>
		<link>http://www.montgomerymiles.com/blog/client-spotlight-urban-rec-okanagan/</link>
		<comments>http://www.montgomerymiles.com/blog/client-spotlight-urban-rec-okanagan/#comments</comments>
		<pubDate>Sat, 04 Feb 2012 02:03:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=328</guid>
		<description><![CDATA[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 &#8230; <a href="http://www.montgomerymiles.com/blog/client-spotlight-urban-rec-okanagan/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-329" title="urban rec" src="http://www.montgomerymiles.com/wp-content/uploads/URlogocircle.jpg" alt="" width="319" height="200" />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.</p>
<p><img class="aligncenter size-full wp-image-332" title="vball" src="http://www.montgomerymiles.com/wp-content/uploads/CIMG5974.jpeg" alt="" width="350" height="263" /></p>
<p>Offering year-round coed sports leagues in Volleyball, Soccer,  Basketball, Floor Hockey, Dodgeball, Beach Volleyball and of course All  Sport.</p>
<p><img class="aligncenter size-full wp-image-334" title="team" src="http://www.montgomerymiles.com/wp-content/uploads/CIMG5930.jpeg" alt="" width="350" height="263" /></p>
<p>Co-founded by Jamie Taverner, Urban Rec Okanagan aspires to be the sport  and social club for active adults all over the Okanagan Valley.   Whether you are looking for a venue or a reason to get together with  your friends, just looking to play some sports or maybe meet some great  new people in your community you should check out Urban Rec Okanagan for  coed recreational sports leagues, parties and social events.</p>
<p><img class="aligncenter size-full wp-image-336" title="dodge" src="http://www.montgomerymiles.com/wp-content/uploads/CIMG5937.jpeg" alt="" width="350" height="263" /></p>
<p>Urban  Rec embraces – &#8220;Real People, Real Sports, Real Fun&#8221; as the core  experience we deliver to our members.  People first and taking having  fun very seriously!  Visit our website for more information  <a href="http://www.urbanrec/kelowna">www.urbanrec/kelowna</a></p>
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		<title>Client Spotlight &#8211; Excel Spa</title>
		<link>http://www.montgomerymiles.com/blog/feature-client-excel-spa/</link>
		<comments>http://www.montgomerymiles.com/blog/feature-client-excel-spa/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 18:24:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=320</guid>
		<description><![CDATA[Tim &#38; 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 &#8230; <a href="http://www.montgomerymiles.com/blog/feature-client-excel-spa/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-321" src="http://www.montgomerymiles.com/wp-content/uploads/ExcelLogo.png" alt="" width="288" height="216" /><img class="aligncenter size-full wp-image-322" src="http://www.montgomerymiles.com/wp-content/uploads/Excel3.jpg" alt="" width="640" height="426" /></p>
<p>Tim &amp; Judy Foster are pleased to announce the purchase of Excel Spa from Janinne Cleary in July of 2011. Excel Spa recently celebrated its 28<sup>th</sup> year in business and we hope to continue to improve in the success of this award winning full service salon and spa.  In the past six months we have completed several renovations to further enhance the warm and relaxing atmosphere.</p>
<p><img class="aligncenter size-full wp-image-323" src="http://www.montgomerymiles.com/wp-content/uploads/Excel2.jpg" alt="" width="640" height="478" /></p>
<p>Our experienced Stylists and Estheticians are trained in the latest trends, treatments &amp; colors to consistently deliver great results and superior customer service. We are introducing a new website to showcase our services, staff, products, accessories &amp; atmosphere early in 2012. Please look for it at <a href="http://www.excelspa.com/">www.excelspa.com</a>.</p>
<p><img class="aligncenter size-full wp-image-324" src="http://www.montgomerymiles.com/wp-content/uploads/Excel1.jpg" alt="" width="640" height="426" /></p>
<p>The Montgomery Miles team has helped us achieve our goal of obtaining a successful business and to show our appreciation we would like to extend a 20% discount to their clients and staff.  Simply mention your relationship with Montgomery Miles to Judy and she will ensure your discount is applied. Please drop in for a complimentary consultation, browse our accessories and products or have a coffee and tour the shop.</p>
<p>Look forward to meeting you.</p>
<p>Excel Spa<br />
2695 Pandosy St<br />
250 763 9655</p>
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		<title>Client Spotlight &#8211; Today I Ate a Rainbow!</title>
		<link>http://www.montgomerymiles.com/client-businesses/client-spotlight-today-ate-rainbow/</link>
		<comments>http://www.montgomerymiles.com/client-businesses/client-spotlight-today-ate-rainbow/#comments</comments>
		<pubDate>Mon, 02 Jan 2012 18:51:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Client Businesses]]></category>

		<guid isPermaLink="false">http://www.montgomerymiles.com/?p=282</guid>
		<description><![CDATA[Kia Robertson struggled with being a picky eater as a child so she was determined to set healthy eating habits for her daughter Hannah. After reading about the importance of eating a rainbow of fruits and veggies she had the &#8230; <a href="http://www.montgomerymiles.com/client-businesses/client-spotlight-today-ate-rainbow/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p>
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<a href='http://www.montgomerymiles.com/client-businesses/client-spotlight-today-ate-rainbow/attachment/rainbow-promo-materials/' title='Rainbow-Promo-Materials'><img width="150" height="150" src="http://www.montgomerymiles.com/wp-content/uploads/Rainbow-Promo-Materials-150x150.jpg" class="attachment-thumbnail" alt="Rainbow-Promo-Materials" title="Rainbow-Promo-Materials" /></a>
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Kia Robertson struggled with being a picky eater as a child so she was determined to set healthy eating habits for her daughter Hannah. After reading about the importance of eating a rainbow of fruits and veggies she had the idea to create a chart that would allow Hannah to track the various colours of fruits and vegetables that she ate throughout the day.  Having the chart on the fridge proved to be an excellent visual reminder and helped everyone in the family to make good eating choices! </p>
<p>Eating a rainbow is a fun and easy way to get kids thinking about the importance of eating a variety of colourful fruits and vegetables everday. By breaking produce down into colour groups of fire-engine red, bright orange, sunshine yellow, emerald green, and rich purples you can make eating fruits and vegetables fun and easy for your kids! Even at a very young age, kids can easily grasp the concept of eating a rainbow!  Based on the success of the chart with their daughter Hannah, Kia and her husband Jamie set out to make the chart available to families throughout North America! The result is the Today I Ate A Rainbow kit consisting of a colourful chart, 4 sets of magnets, a rainbow shopping list and The Rainbow Bunch book! You can learn more about this product at www.todayiatearainbow.com. </p>
<p>In 2010 the Robertson family formed a company called Rainbow Innovations Group with their partners and are already working on expanding their product line to encourage healthy eating for the whole family! They have also turned their rainbow kit into a healthy fundraiser item for schools across North America.  They will be launching more books in The Rainbow Bunch series in 2012 as well as more videos in their kids cooking series called In The Rainbow Kitchen.</p>
<p>You can connect with the Kia on Twitter @eatingarainbow and on Facebook www.facebook.com/todayiatearainbow Also, be sure to check out their Rainbow blog for fun recipes to make with kids, tips for picky eaters and so much more!</p>
<p>If you&#8217;d like to get your kids ASKING to eat a rainbow of fruits and vegetables you can purchase a Today I Ate A Rainbow kit online at www.todayiatearainbow.com the rainbow kits are currently on sale for only $19! </p>
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		<title>How&#8217;s your Power? Find out how the changes to the Power of Attorney Act will affect you.</title>
		<link>http://www.montgomerymiles.com/wills-trusts-estates/power-attorney/</link>
		<comments>http://www.montgomerymiles.com/wills-trusts-estates/power-attorney/#comments</comments>
		<pubDate>Fri, 25 Nov 2011 17:32:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News & Events]]></category>
		<category><![CDATA[Wills, Trusts & Estates]]></category>

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		<description><![CDATA[Substantial amendments to the Power of Attorney Act came into effect on September 1, 2011. In many respects, the changes are simply a codification of the rules that already exist at common law relating to an Enduring Power of Attorney. &#8230; <a href="http://www.montgomerymiles.com/wills-trusts-estates/power-attorney/"> <span class="meta-nav"></span></a>]]></description>
			<content:encoded><![CDATA[<p>Substantial amendments to the Power of Attorney Act came into effect on September 1, 2011.   In many respects, the changes are simply a codification of the rules that already exist at common law relating to an Enduring Power of Attorney.  Over 30 new provisions have been added to the Act to clarify the rights and obligations of the attorney being appointed under an Enduring Power of Attorney.  The Act now expressly states that an attorney must act honestly and in good faith, exercise the care diligence and skill of a reasonably prudent person, and act within their authority.  The Attorney’s duty to act in the adult’s best interests, taking into account the adult’s current wishes, known beliefs and values, has also been included in the amendments to the legislation.<br />
The new provisions of the Act also provide guidance to attorneys regarding how they are to act in exercising their powers.  An attorney is now statutorily required to give priority to the adult’s personal care and health care needs, and to promote the adult’s independence and involvement in decision-making.  The revised Act now requires that the attorney keep and produce financial records, including a current list of the adult’s property and liabilities with estimates of their values, invoices, bank statements and other records necessary to provide a full accounting of any receipt or disbursement of any  on behalf of the adult.<br />
New provisions have been added to restrict the type of person who may act as an attorney and restrict the attorney’s discretion in dealing with the adult’s assets on their behalf.  As an example, a paid caregiver is specifically prohibited from acting as an attorney for the adult, unless that caregiver is a family member.  Another new restriction relates to making a gift, loan or charitable gift from the adult’s assets.  An attorney may make a gift or loan, or charitable gift, from the adult’s property, only if expressly permitted by the Power of Attorney OR if the adult usually made such gifts; there would be sufficient property remaining to meet the adult’s needs; and as long as the total value of all gifts, loans and charitable gifts made by an attorney in a year are not more than 10% of the adult&#8217;s taxable income for the previous year OR $5,000.00, whichever is the lesser of the two.</p>
<p>So you’re probably asking yourself “How does this affect ME?”  Well if you have already granted or been appointed under an Enduring Power of Attorney before September 1, 2011, the Enduring Power of Attorney will remain valid as long as it complied with the provisions of the Act in force prior to September 1, 2011.<br />
If you are considering granting an Enduring Power of Attorney or acting as an attorney, it is important to know what responsibilities you will be obligated to fulfill as the attorney, as the requirements under the new Act can be quite onerous. </p>
<p>If you would like any further information regarding the changes, or need assistance with your estate planning, please do not hesitate to contact me directly at <strong>250-980-3362</strong> or by email at Deanna@montgomerymiles.com.<br />
<strong>Deanna Stone </strong></p>
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