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Issue 74 | March 2022

LIANSWERS

This newsletter includes information to help lawyers reduce the likelihood of being sued for malpractice. The material presented is not intended to establish, report, or create the standard of care for lawyers. The articles do not represent a complete analysis of the topics presented, and readers should conduct their own appropriate legal research.
Tax Issues – Know What You Don’t Know!

The ever-changing and fast-paced world of real estate transactions usually involve a flurry of activity and short timelines. Tax implications to your client may not always be obvious but it is important to spot transactions that may involve tax issues.

Even if you are not sure, you should be able to point out the possibility to your client and recommend they seek tax advice. And, as always, you should be putting this in writing to the client ...

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Do You Know What You are Witnessing or Notarizing?

As lawyers, many of us make appointments with members of the general public who just want to you witness their signature or notarize a document. Some of us may not necessarily look at what the document is since, after all, you are just swearing a signature and not making any representations as to the content of the document itself. Don’t be afraid to tell someone you will not notarize or swear a document ...

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NSLAP WELLNESS: Stress Awareness Month

"Stress Awareness Month has been recognized every April since 1992, but this year it seems particularly important. Learning to cope with our stress and finding healthy ways to deal with these situations can go a long way in living a healthy and positive life. So, what does stress mean to you and how does it impact your daily life?

To recognize the importance of this month, we will be sharing a series of tips on how to keep stress at a manageable level ..."

 

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Convert Your Document Into a Text-Searchable and Copy/Paste Ready Document

Adobe PDF software can access and modify text that would otherwise be trapped as an image within paper-based and PDF documents. Using its OCR (Optical Character Recognition) feature, you can easily convert typed, printed, even some clearly hand-printed text into editable and searchable data. This saves an incredible amount of human-powered reading, searching for keyword(s), and unnecessary retyping ...

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FRAUD ALERT: Large Loss Scam Warnings from the Law Society of Alberta

Two fraud alerts recently posted by the Alberta Lawyers Indemnity Association (part of The Law Society of Alberta) involve scenarios that could also threaten Nova Scotia lawyers:

  • Alberta Firm Targeted by Trust Account Scam (Jan 2022); and
  • Social Engineering Fraud Results in Large Loss (Feb 2022)

 

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New Deed Transfer and Property Tax Rates for Non-Residents

The Province of Nova Scotia has announced a new Provincial deed Transfer Tax and Property Tax for Non-Residents of Nova Scotia, effective April 1, 2022. Members should be aware of this development.

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Manage Your Risk: What to Consider When Drafting an LSR Document

We continue to see more and more lawyers performing work on a limited scope retainer (LSR) or ‘unbundled’ basis – namely performing only a portion or specific aspects of the work on a larger legal matter.

Unbundling your services for your clients can be risky. Resources to manage these risks include ...

 

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(Don't) Take it to the Limit: Review LIANS' Table of Limitation Periods

Stay up-to-date with the newest or amended limitation periods within bills passed by the Nova Scotia Legislative Assembly, and view a compiled chart of those previously passed ...

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Seeking Mentor Volunteers

Do you have a minimum of nine years of experience and are interested in volunteering your time to provide support and guidance to another member?

LIANS is currently seeking mentors of all backgrounds for its Mentorship Program, specifically in the areas of Immigration law, Wills & Estates, Real Property, Corporate/Commercial, Administration, and Municipal law.

Participation could be eligible as a CPD activity ...

 

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