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I was told when making a will I can GIFT my property and
I was told when making a will I can GIFT my property and monies to my children, allowing them to not have to pay an inheritance tax? Is this so, and if so how do I word that. thanks … read more
Debra
Debra
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Doctoral Degree
144,235 satisfied customers
British Columbia wills & estates - if a person designates a
British Columbia wills & estates - if a person designates a beneficiary on bank accounts, does that form part of the estate? … read more
Joey
Joey
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Juris Doctor
4,046 satisfied customers
I have been living with my partner past 9 years. I am
I have been living with my partner for the past 9 years. I am American and maintain a home in Wisconsin. My partner, David, is Canadian and currently resides in an assisted living facility in Windsor.… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
I have lived in the uk a number of years now.I am a canadian
i have lived in the uk a number of years now.I am a canadian citizen and british citizen as well. I was joint tenant on property in British Columbia Canada with my dad and mum who have passed away. I … read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
HELLO,THIS QUESTION IN ONLY FOR LEGAL EASE'SINCE MY
HELLO, THIS QUESTION IS ONLY FOR LEGAL EASE' SINCE MY HUSBAND'S UNCLE HAS NOW ACCEPTED HIS INHERITANCE, A DUPLEX LEFT TO HIM IN HIS MOTHER'S WILL, ON OCTOBER 26,2014, SHE PASSED MARCH 31,2014, HE STIL… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
Hello Legal Ease, This question is only for Legal Ease. Now
Hello Legal Ease, This question is only for Legal Ease. Now that my husband's uncle has decided to accept his inheritance ( the duplex left to him from his mother in her will), he did so this week. Pr… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
Hello Legal Ease, as per this conversation, my notary said that my husband would have t
Hello Legal Ease, as per this conversation, my notary said that my husband would have to pay capital gain tax when ho does hos grandmother's 2014 income tax return and not only when he sells the duple… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
My question is regarding an Inheritance. There is a professional
My question is regarding an Inheritance. There is a professional executor handling the estate and a house to be sold. The will has stated that there will be a reduced fee to the executor if the house … read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
HELLO, I LIVE IN MONTREAL, QUEBEC. MY QUESTION IS ; MY HUSBAND'S
HELLO, I LIVE IN MONTREAL, QUEBEC. MY QUESTION IS ; MY HUSBAND'S GRANDMOTHER PASSED AWAY RECENTLY, THE WILL SEARCH WAS DONE, AND THE DUPLEX THAT HIS GRANDMOTHER LIVED IN WAS LEFT TO HIS UNCLE. HIS UNC… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
Please refer to my previous question which I asked on Nov 13/12.
Please refer to my previous question which I asked on Nov 13/12. It was regarding taxes on inherited property. We are now hearing that "capital gains tax" of 5% of the value has to be paid when the be… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
My brother in law died owning Canadian rental property. He
My brother in law died owning Canadian rental property. He was a US citizen. The beneficiaries have sold the property. The notary that sold the property has put aside moneys to cover any capital gains… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
Since my Dad passed away 2 years ago, my Mom is now listed
Since my Dad passed away 2 years ago, my Mom is now listed as the sole owner of the property, which is still her principal residence. The house was purchased by my Dad in 1960. I am the sole beneficia… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
my husband inherited 200K this year. 100K was in cash and
my husband inherited 200K this year. 100K was in cash and the other 100K came from the selling of the property. He was a joint owner of the property as well as a joint owner of the bank account and in… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
I have 800 acres of land in BC that I will be inheriting when
I have 800 acres of land in BC that I will be inheriting when my grandpa dies. Right now i am power of attorney and am handling all the finances. What happens when he dies, Do i pay a tax on the land … read more
Tom B.
Tom B.
Lawyer
LLB Bachelor of Laws
2,264 satisfied customers
Hi I am POA for my aunt and uncle. Recently I have had to
Hi I am POA for my aunt and uncle. Recently I have had to take over their finances since both have become incapable of running their finances (now in nursing homes). I have restructured their portfoli… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
My husbands father passed away 4 years ago. A year and a half
My husband's father passed away 4 years ago. A year and a half ago the inheritance was dispersed evenly amongst the six kids.Everyone signed the lawyers documents and we thought it was settled and beh… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
My mother recently passed away and left her home to her five
My mother recently passed away and left her home to her five children. We were wandering if and when we sell the home is there going to be an inheritence tax that we have to pay? also is there somethi… read more
Ulysses101
Ulysses101
Litigator, Barrister and Solicitor
LLB
4,627 satisfied customers
I am living in a house that me and my husband built on property
I am living in a house that me and my husband built on property own by my inlaws. My question is we want to transfer our names onto title, but who pays the capital gains on the property? If we inherit… read more
Debra
Debra
Lawyer
Doctoral Degree
144,235 satisfied customers
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