Lormit Services BC - Vancouver

05/16/2026

Is it possible to sell your house below market value to your children or friends to avoid inheritance tax and property taxes?
In the US, I had a friend who did that with his mother and boasted on how he had avoided estate taxes.

I congratulated him, showing him how he had managed to eliminate a trivial estate tax liability and replace it with a huge capital gain tax issue.

Moral: all sorts of things are possible, but to actually know what the tax effect of a contemplated transaction, follow the usual three steps:

Hire competent tax professional;
Provide them the information they require and follow their advice;
(VERY IMPORTANT! DO NOT OMIT!) Pay tax professional.

05/12/2026

As an attorney, have you ever suggested—directly or indirectly—that a client should simply flee?

I am an accountant, and on two occasions I have hinted that a person should leave the country. One took the advice; the other did not.

The first was an Italian professor at an American university. He had been there for seven years and, due to the U.S.-Italy income tax treaty, had never had U.S. tax withheld. The problem is that the treaty exemption applies only to the first two years. He came to me after receiving an IRS notice. My calculation showed he owed well over 50,000—approximately 200,000 in today’s dollars. I told him that he could finish the semester, board a plane, and not return. The debt would remain, but without a U.S. address, collection would be nearly impossible. I never heard from him again and assume he followed my suggestion.

The second involved the husband of a client. She had built a highly valuable business. He was a stay-at-home father who had been unfaithful. She despised him for it. If she filed for divorce, he would likely receive at least half of the business’s value. Her strategy unfolded in three steps. First, she reconciled with him deceptively. Second, her attorney drafted a complex trust instrument requiring him to renounce his U.S. citizenship. Third, the attorney presented the plan to the husband. During that meeting, the lawyer and I both did everything legally permissible to warn him—advising him repeatedly to seek independent counsel. The man did not. He was thoroughly compromised in the divorce that followed once all arrangements were complete.

05/05/2026

What happens when two monkeys get a divorce?

They're banana split.

04/09/2026

Just a quick self-intro - I run a service office in BC - Lormit, we're expanding field support across Canada for debt collection & asset recovery teams.
5 signs your accounts need a field visit:
🫢 Calls/emails go unanswered
🧐Need to verify debtor/asset location
😠Collateral needs inspection
🫠Require current photos/condition report
🫡Time for clear field intel

Quick 72-hour reports from our nationwide agents.
Fully compliant, we don't do collections - just reports.
Worth chatting?
www.lormit.com

Ask for Greg

Expert legal support services: process serving, court filings, occupancy checks, mobile signing & witnessing. Contact us today!

04/09/2026

I busted a mirror and got seven years bad luck, but my lawyer thinks he can get me five.

04/03/2026

Many creditors don't implement real-world consequences to recover debts. They’d rather write the debt off or reluctantly excuse the debt than keep chasing after the money they're owed. In many cases they feel as though the time and energy to pursue the debt ends up being a waste of efforts.

After all, time IS money. And who wants to start paying the fees a lawyer will charge? Couldn’t your time be better spent growing your business? How do you do that when you’re busy chasing old debt?

Whether avoiding your calls or blocking your numbers, you're left with little recourse against a debtor. You know that if you start talking to a lawyer those legal fees compound exponentially!

We provide trusted “feet on the street” field services, including:
• Door knocks & delinquency interviews
• Process serving
• Site visits & inspections
• Debtor and asset location & verification
• Collateral inspections
• Photo documentation & condition reports
• Repossession coordination support

The debtors info is not up-to-date? Maybe they've changed cities or provinces? We can skip trace and find them.
Ask questions of the debtor to get them to call up and settle up to the debt.

04/02/2026

Lormit has a network of offices offering field support services across Canada.
For organizations in debt collection, lending, and asset recovery, having reliable, on-the-ground information is critical. That’s where we come in.

We provide trusted “feet on the street” field services, including:

• Door knocks & delinquency interviews
• Process serving
• Site visits & inspections
• Debtor and asset location & verification
• Collateral inspections
• Photo documentation & condition reports
• Repossession coordination support

Our nationwide network of field agents completes assignments promptly, delivering clear, actionable reports within 72 hours.

Importantly, we do not act as a collection agency or handle payments—our role is to provide accurate field intelligence while operating in full compliance with federal and provincial regulations.

If your team needs reliable verification anywhere in Canada, let’s connect.

🌐 www.lormit.com

03/07/2026

The History of Lormit®
Lormit®, founded as Lormit Process Services and now operating as Lormit Legal Support Solutions, was founded in 1979 by Timothy Haworth. Having connections in the legal industry, Mr. Haworth realised there was a demand for accessible and efficient legal support services amongst lawyers, government agencies, businesses, and individuals. This prompted him to begin building the Lormit® network. When Canada Post went on strike in 1981, Lormit® experienced a period of rapid growth as service via registered mail became inaccessible. There came an immediate demand for services to be completed with speed, accuracy, and professionalism, three things at which Mr. Haworth excelled. During this six-week strike, Lormit® became a well-recognized and trusted name in the legal support industry, which drove the growth of our network. Even after Canada Post resumed operations, many clients chose to continue using Lormit’s services as they appreciated the level of care and detail that was put into handling their files. While Lormit® began as a single office in Edmonton in 1979, we have since grown to be a nation-wide network with franchised branches from coast to coast. Lormit® services most metropolitan areas and a multitude of local markets from British Columbia to Newfoundland and Labrador.

Our Mission
At Lormit®, our mission is to provide our clients with a reliable and trustworthy network capable of providing legal support solutions in the shortest possible timeline and at the lowest reasonable cost.

find us on linked in

https://www.linkedin.com/messaging/thread/2-YjIxZWE0OTItOTJmYi00NzA0LTk3MTYtOTUzOTZhYzhjNTRmXzEwMA==/

03/07/2026

Our new location @
Lormit® Legal Support (Vancouver)

Address: 168 - 3345 Kingsway, Vancouver BC V5R 0A7

Phone: (604) 638-1788
Email: [email protected]

Fax: (778) 729-2205
O/B: Greg Chin Enterprises

Office Code: CBQ
Manager: GREG CHIN


By Service
listing of Lormit® offices that provide the service you require.

Corporate Filing/Searches

Document Retrieval

Locates

Obtain and Witness Signatures

Occupancy Checks

Process Serving

Registries Filing/Searches

Remote/Mobile Notary Public

Court Filing-Issuing/Searches

Identity Verification

Obtain Signatures

Obtain and Witness Signatures with Affidavit of Ex*****on

Public Record Searches

Remote/Mobile Commissioner for Oaths

Skip Tracing

03/07/2026

Lormit is expanding!

We’re excited to now offer field service support across Canada — acting as your “feet on the street” when you need reliable on-site information.

Our services include:

✔ Door knocks / delinquency interviews
✔ Process serving
✔ Site visits & inspections
✔ Debtor and asset verification
✔ Collateral inspections
✔ Photo documentation & condition reports
✔ Repossession coordination support

If you need someone on the ground to verify information, locate collateral, deliver notices, or conduct site visits, our team can help.

We provide clear reports within 72 hours so you get the information you need quickly.

🌐 Learn more:

Expert legal support services: process serving, court filings, occupancy checks, mobile signing & witnessing. Contact us today!

11/25/2025

What the S&P 500 is hiding about the economy

On its face, 2025 has been a good year for the stock market. The S&P 500 (^GSPC) was dragged out of its tariff-induced springtime slump by a small subset of AI-forward power players whose spectacular gains defied an otherwise softening economy. Even now, despite a rocky November, the benchmark index is up more than 12 percent since the start of the year.

A group of trillion-dollar brands known as the “Magnificent Seven” - Alphabet (GOOGL, GOOG), Amazon (AMZN), Apple (AAPL), Meta (META), Microsoft (^GSPC), Nvidia (NVDA), and Tesla (TSLA) - has been at the forefront of those gains, thanks in large part to corporate spending and intense interest in artificial intelligence. But economists and investors are raising concerns about the companies that aren’t part of the AI investment boom - in other words, most businesses in the United States.

An index that leaves out the seven high-flying tech firms - call it the S&P 493 - reveals a far weaker picture, as smaller and lower-tech companies report lackluster sales and declining investment.

“You have the headwind of de-globalization and tariffs, and the tailwind of AI … those forces are battling to a draw, and in that crosswind you get winners and losers,” said Moody’s Analytics chief economist Mark Zandi. “Anything that is not connected to AI is throttled lower.”

When OpenAI unveiled its chatbot ChatGPT in late 2022, it sparked a surge in AI investment, and a handful of tech companies that provide infrastructure and support around the new algorithms - the picks and shovels for an AI gold rush - caught the wave. (The Washington Post has a content partnership with OpenAI.)

AI spending supercharged the valuations of the Magnificent Seven ever since. Shares of Nvidia, a longtime manufacturer of video game graphics cards that became the AI chipmaker of choice, have soared more than 1,000 percent since January 2023 as of Friday’s close. The pace of growth cooled this year - Nvidia is up 29 percent in 2025 - and it’s leveled off at Amazon, Meta and Tesla. (Amazon founder Jeff Bezos owns The Post.)

On its face, 2025 has been a good year for the stock market. The S&P 500 was dragged out of its tariff-induced springtime slump by a small subset of AI-forward power players whose spectacular gains defied an otherwise softening economy. Even now, despite a rocky November, the benchmark index is up m...