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I have lived in my home for 42 years. If I put my home in a
Second opinion] I have lived in my home for 42 years. If I put my home in a trust and later decided to sell my home, would I have to pay capital gains because the trust now owns it, even though I woul… read more
Debra
Debra
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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
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A husband and wife are listed on the deed to a property in
A husband and wife are listed on the deed to a property in Ontario as joint tenants. They purchased the property about 20 years ago. The husband died about 3 months ago in a foreign country which was … read more
Debra
Debra
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Doctoral Degree
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Three siblings hold a condo in Florida as "tenants in common"
Three siblings hold a condo in Florida as "tenants in common" Our mother has the right of survivorship. Our father passed away in 2001. This condo is now being sold. The sale value is about $10,000 le… read more
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I am now a Canadian Citizen originally from France. When my
I am now a Canadian Citizen originally from France. When my father died 13 years ago my two siblings and I inherited 50% of a Paris apartment with my mother receiving the other 50%. My mother continue… read more
Debra
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We live in Ontario Canada. My wife was sole-on-title for both
We live in Ontario Canada. My wife was sole-on-title for both of our properties, a cottage and our home. - We sold the cottage in July, bought for 105k in 2000 and sold for 312k in 2012 We are now int… read more
Debra
Debra
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Doctoral Degree
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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
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I am a Canadian Citizen who came to Canada from Northern Ireland
I am a Canadian Citizen who came to Canada from Northern Ireland 46 years ago. My siblings and I own a small house in Northern Ireland which we have used for our personal family use. The family has no… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
My parents own a home which they would like to keep in the
My parents own a home which they would like to keep in the family. According to the will, I and 3 other siblings will inherit an equal share. We were wondering if having all our names on the title wou… read more
Debra
Debra
Lawyer
Doctoral Degree
91,094 satisfied customers
my wifes mother passed away leaving her home to my wife and
my wife's mother passed away leaving her home to my wife and her two siblings. At the time of my wife's mothers death my wife an i were (an still are) living in her home. My wife and her siblings plan… read more
Debra
Debra
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Doctoral Degree
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I am a Canadian citizen who has just retired and returned to
I am a Canadian citizen who has just retired and returned to Canada after 25 years working overseas to reside in Ontario. I have taken back my property I purchased in 2008 from tenants and it is now m… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
We are permanent residents in the US (we have lived here for
We are permanent residents in the US (we have lived here for 7 years). We currently in a very negative morgage situation and are trying to decide whether we should stop paying on our condo. We are cur… read more
Debra
Debra
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Doctoral Degree
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Is there any benefit in putting our property in our childrens
Is there any benefit in putting our property in our childrens names, rather than it being part of probate - we don't want to leave our children with capital gains, etc.… read more
Ulysses101
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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
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I own a property and I would like to leave it to my daughters
I own a property and I would like to leave it to my daughters when I die. I made a will, but don't really want them to go through the probate business. I prefer to make them joint owners to avoid all … read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
Hi - I need clarification, please. This is with canadian and
Hi - I need clarification, please. This is with canadian and u.s. citizens. When my grandfather died, my grandmother (both Canadian citizens) did not want to co-own the house with my mother so she gif… read more
Debra
Debra
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Doctoral Degree
91,094 satisfied customers
In 2003 we were advised to transfer my parents canadian property
In 2003 we were advised to transfer my parents canadian property from my dad (US citizen-now deceased)to my mom (Canadian citizen) and then to their 3 adult children with 100% life use for my mother. … read more
Debra
Debra
Lawyer
Doctoral Degree
91,094 satisfied customers
Hello, My grandmother is the sole owner of a cottage on
Hello, My grandmother is the sole owner of a cottage on Lake Huron (Ontario) in Canada that has been in our family since 1916. There is no mortgage on the cottage and it is valued at roughly 700-900k … read more
Debra
Debra
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Doctoral Degree
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