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I have some questions regarding estate planning for my mom.
Hello, I have some questions regarding estate planning for my mom. Mom is 92 and recently moved to a lodge from the farm. The farm land is in moms name and my brothers name with right of survival. Wou… read more
Debra
Debra
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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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Doctoral Degree
145,216 satisfied customers
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
145,216 satisfied customers
Hi, my parents bought a triplex in 1995 and at the time theywere
Hi, my parents bought a triplex in 1995 and at the time theywere advised to not put my name or my sister's name on the deed even though all mortgage, utilities, taxes and insurance were split three wa… read more
Debra
Debra
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Doctoral Degree
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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
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Doctoral Degree
145,216 satisfied customers
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
145,216 satisfied customers
I have a serious question for family law I had a court order
I have a serious question for family law I had a court order not to communicate with my x wife for 18 monthes she was living in our matrimonial houes and i was not allowed within 500 meters of it i wa… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
My divorce settlement stipulated that our ski cabin, 1/3 owned
My divorce settlement stipulated that our ski cabin, 1/3 owned by my sister, myself and my ex wife, should be listed , subject to my sisters approval and,once sold my ex wife should get a set amount f… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
Capital Gains on a rental property I own a triplex in Vancouver
Capital Gains on a rental property : I own a triplex in Vancouver valued at $1,425,000. I bought it in 1985 for $154,000. It has been a licensed triplex since I bought it. I live in 1/3 of the house, … read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
Regarding a vacation property in Newfoundland. It is now willed
Regarding a vacation property in Newfoundland. It is now willed to my partner's sisters. If my partner should pre-decease her sisters(4 of them), they would inherit this house. Would they be responsib… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
In 2003 my wife and I decided to immigrate to Canada from the
In 2003 my wife and I decided to immigrate to Canada from the UK as soon as we could obtain a permanent residence visa for Canada and sell our business and home in the UK. We bought a property in West… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
I live in alberta, I have rental properties, should I do UCC
I live in alberta, I have rental properties, should I do UCC on my property every tax year or should I only do it for years to take my rental income to zero or should I use it to incur a rental loss w… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
my ex wife and I divorced last June in BC . We owned as tenants
my ex wife and I divorced last June in BC . We owned as tenants in common a ski cabin with my sister, each of us owning a 3rd. Under the terms of our divorce agreement I'm, with my sisters permission,… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
I set up a corporation in the late 1990s and gave my wife
I set up a corporation in the late 1990's and gave my wife 50% of the shares in the corporation. Although I did all of the consulting for the corporation (i.e. earned all of the money that was left in… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
im not sure who should iask this question but i was wondering
im not sure who should iask this question but i was wondering as a home owner of a triplex in montreal canada: what would be the difference money wize,coverage & premium cost for the Insurance,tax wiz… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
this is for real estate law, we own several properties in quebec,
this is for real estate law, we own several properties in quebec, if we now want to sell a triplex, how much on capital gains taxes will there be charged? and do we have a one time taxexcemption as we… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
Are quit claims on property recognized in Ontario Also, would
Are quit claims on property recognized in Ontario? Also, would the remaining property owner have any financial responsibility re: capital gains if the property were not being sold?… read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
My sister and I bought a house. I was a first time buyer and
My sister and I bought a house. I was a first time buyer and lived in the house as well as rented two units out. The title was then changes over to my sister's name. I understand that due to the fact … read more
Debra
Debra
Lawyer
Doctoral Degree
145,216 satisfied customers
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