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If my sister transfers her share of real property to me,
If my sister transfers her share of real property to me, it's my understanding that my sister must pay taxes for revenue equivalent to the fair market value of her share of the property.In the situati… read more
Debra
Debra
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I am executrix on mother's estate. She passed away Aug.
I am executrix on mother's estate. She passed away Aug. 2014. My question is : In her legally probated will, ( Regina Sask.) mother left the farmland to be divided equally among 8 siblings, with the e… read more
Debra
Debra
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My sister, who owns a principal residence in joint tenancy with my mot
My sister, who owns a principal residence in joint tenancy with my mother who is 95 years old and now resides in a nursing home, just recently indicated to me that she plans to sell the property and l… read more
Debra
Debra
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Doctoral Degree
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my condo in Kitchener, Ontario, Canada is in my sister name
my condo in Kitchener, Ontario, Canada is in my sister name and mortgage is in her name because at the time of purchase it was decided this way - It was in 2004 i lived there for 7 years and now my mo… read more
Debra
Debra
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Doctoral Degree
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My sister owns a condo in Montreal, QC Canada. This condo is
My sister owns a condo in Montreal, QC Canada. This condo is not her primary residence and she has rented it out for the past 5 years. My understanding is that since this is not a primary residence sh… read more
Law.Hut
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Law degree (Juris Doctor)
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What benefit if any would there be in a title transfer now?
What benefit if any would there be in a title transfer now? For example would that have to happen in order to arrange for either a reverse mortgage or to establish a line of credit against the house. … read more
Debra
Debra
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Doctoral Degree
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My Mother is 90 yrs old living with my sister 70 yrs old in
My Mother is 90 yrs old living with my sister 70 yrs old in Canada. My mother owns her condo outright and intends to leave the property to both my sister and myself. My citizenship is US but my birth … read more
Debra
Debra
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Doctoral Degree
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Our parents in their late 80s own a 5 acre property with a
Our parents in their late 80's own a 5 acre property with a house in the GTA. There are 6 siblings. There has been some communication breakdown with one of the siblings who now has his name on the pro… read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
My aunt has resently passed away. She has left a cash amount
My aunt has resently passed away. She has left a cash amount of $200,000.00 dollars to her three sisters. one of the sisters, my mother, has passed away. The executor has decided split my mothers thir… read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
if i sell a condo that my daughter has 1/3 ownership in and
if i sell a condo that my daughter has 1/3 ownership in and lives in as her primary residence do i have to pay capital gains ? is there a time restiction on gifting the other 2/3 share of ownership to… read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
Three siblings share a house as their primary residence, and
Three siblings share a house as their primary residence, and have for many years. One of the siblings owns the house, and wants to leave the other two siblings the house in her will. If the other two … read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
My mother is in a nursing home. Her condo has been sold and
My mother is in a nursing home. Her condo has been sold and there are 3 children on the will, including myself. The real estate lawyer advised the family not to distrbute the condo sale proceeds, but … read more
Debra
Debra
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Doctoral Degree
145,191 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
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Doctoral Degree
145,191 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
145,191 satisfied customers
My 89 year old mother owns a Condo in Walnut Grove,Langley,
My 89 year old mother owns a Condo in Walnut Grove,Langley, BC. She would like to put one of her 4 children's names on the title. All of the children own their own homes, in various provinces. On moth… read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
My mother passed away in 2009. Shortly before her death, she
My mother passed away in 2009. Shortly before her death, she made joint ownership arrangements for her condo (which she purchased in 2006 for $180,000) so that the property could pass directly to me, … read more
Debra
Debra
Lawyer
Doctoral Degree
145,191 satisfied customers
Hello,My family and I are Canadian citizens, and live here
Hello, My family and I are Canadian citizens, and live here in BC for 14 years. We own a condo in Ukraine, and ownership is divided in equal shares between my wife, my son, my mother in law (who still… read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
my wife & I are tw0-thirds owners of my mother-in-laws condominium.....she
my wife & I are tw0-thirds owners of my mother-in-laws condominium.....she "sold" this to us for $1...& we had a notary draw up an agrrement. When she passes away & my wife & I sell the condo, what is… read more
Debra
Debra
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Doctoral Degree
145,191 satisfied customers
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