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I'm looking for an estate inheritance lawyer advice from
Hi, I'm looking for an estate inheritance lawyer advice from Ontario, Canada.The case is my two sons age 16 and 18 have inherited a cottage like property but can only receive the inheritance after the… read more
Debra
Debra
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Doctoral Degree
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I have purchased a cottage lot and put it in my company name
please. I have purchased a cottage lot and put it in my company name and as such did not pay any hst. There is no building on the property and has not been rented out at all. I was thinking of putting… read more
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Parents have property& cottage in Ontario Canada. Parents,
Parents have property& cottage in Ontario Canada. Parents, children and grandchildren are all US citizens. We need estate planning and tax advice. Is a Canadian will needed to leave property to the ch… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
I am both a US and Canadian citizen. My parents house in San
I am both a US and Canadian citizen. My parents house in San Diego he is held in a Qualified Personal Residence Trust, which is something that avoids us children having to pay inheritance tax upon our… read more
Debra
Debra
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We have talked before. My mother in law who has name her 8
This Question is for Debra. we have talked before. My mother in law who has name her 8 American children as heirs to her principal residence her property being in Canada. We have been in touch with a … read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
Strangely enough I do have a question regarding the "gifting"
Strangely enough I do have a question regarding the "gifting" of property that is not my prime residence. I am looking to gift a cottage to my daughter. What are the Canadian and Ontario tax implicati… read more
Debra
Debra
Lawyer
Doctoral Degree
145,214 satisfied customers
My wife, sister in law, and brother in law have joint ownership
My wife, sister in law, and brother in law have joint ownership of a cottage in Ontario with thier parents, who are recently deceased. Should they be paying an inheritance tax on the 1/4 of the value … read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
Currently own property near Blind River Ontario. Cottage has
Currently own property near Blind River Ontario. Cottage has been in family since 1957. Property originally in parents name. In 1996 father added my name to the deed and so currently my father and I a… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
I asked this question earlier and have not got a response yet.
I asked this question earlier and have not got a response yet. My father is getting elderly. We have a family cottage. He would like to will it to us but, is afraid that we could not afford to pay the… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
Hello: My name is XXXXX XXXXX this a complex issue that I
Hello: My name is XXXXX XXXXX this a complex issue that I have, so I hope that you can help me with it. My brother and I inherited a property from our parents in Southern Ontario after my mother's pas… read more
stocean
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My father and mother are in their mid-80s, living in Ontario,
My father and mother are in their mid-80's, living in Ontario, and own their home (worth about $200k) mortgage-free. They would like to sell it and move into a small condo (either renting or owning). … read more
Tom B.
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My parents currently live and own property in Ontario, upon
My parents currently live and own property in Ontario, upon their death the property would be left to the children (brother lives in Ontario, 2 sisters in the US.)are we subject to Canadian inheritanc… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
Our family (American) enjoys cottaging in Canada. My aunt
Our family (American) enjoys cottaging in Canada. My aunt is currently sole owner (age 79) of one of them. I would like to help keep it in the family (it was my mother's mother's) and I have my own pl… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
If my dad adds three of his children to the deed of his cottage
If my dad adds three of his children to the deed of his cottage in ontario, and they are all American citizens, including himself.....when, and how much capitol gains is triggered, and who is responsi… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
My deceased maternal grandmother was a Canadian citizen, yet
My deceased maternal grandmother was a Canadian citizen, yet lived most of her adult life in the US.(She was married in Puerto Rico to an American citizen.) My paternal great grandparents built a cott… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
Can a parent in Ontario gift her portion of a non-residential
Can a parent in Ontario gift her portion of a non-residential property to her children (inter-related party transaction)for no consideration or onloy at fair market value?… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
My Father owned a home plus a cottage on an Island. He sold
My Father owned a home plus a cottage on an Island. He sold the home in 2007 and passed away in 2008. The cottage on the island was transferred to four children previous to hid death. Is the cottage p… read more
Debra
Debra
Lawyer
Doctoral Degree
145,214 satisfied customers
Cottage is owned by three brothers. One brother wants off the
Cottage is owned by three brothers. One brother wants off the deed. No money to exchange hands, just wants off deed. Can this be done with quick claim deed, no capital gains tax or transfer tax?… read more
Debra
Debra
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Doctoral Degree
145,214 satisfied customers
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