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My mother in law has made my husband co owner of her condo
My mother in law has made my husband co owner of her condo in Regina Sk. (We live in bc) I'm concerned there may be a capital gains tax to pay (by us) if he liquidated the condo after her death … read more
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My mother in law who is97 years old and the executor of her
My mother in law who is97 years old and the executor of her Mothers will Was left 2 lots on Lake Erie. She now wants to sell those lots to her granddaughter… read more
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My parents own home in Toronto jointly. It has appreciated
My parents own home in Toronto jointly. It has appreciated considerably. I am an only child and they wish to transfer title to me. I am not married and live alone. I have owned a condominium and resid… read more
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I am executrix on mother's estate. She passed away Aug.
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Debra
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My wife and I owned a condo. My wife passed away. I am thinking
My wife and I owned a condo. My wife passed away. I am thinking of transferring the title of the condo over to my children. Is this a good idea. ?What are the ramifications ?I want to make things easy… read more
Law.Hut
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My widowed mother-in-law owns her home, and is 90 yrs. old.
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My siblings & my mother want to put my name on the title of
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Debra
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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
Lawyer
Doctoral Degree
130,508 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
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Doctoral Degree
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My wife and I would like to sell a half-interest in our home
My wife and I would like to sell a half-interest in our home to our daughter. What are the tax implications?… read more
Debra
Debra
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Doctoral Degree
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My elderly mother wants to transfer her land and house in Newfoundland
My elderly mother wants to transfer her land and house in Newfoundland to her children. We all live in Ontario. This is her only asset. We are considering setting up a trust to hold the land as it is … read more
Debra
Debra
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Doctoral Degree
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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
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Doctoral Degree
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I wish to leave my home (current value $300,000) to my four
I wish to leave my home (current value $300,000) to my four children. I expect they will want to sell it and divide the proceeds. What is the best wasy to do this with minimum tax payment, for example… read more
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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
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Doctoral Degree
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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
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If a husband and wife purchase an investment property in NB
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Debra
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Doctoral Degree
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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
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My father-in-law, a Canadian citizen, is presently living in
My father-in-law, a Canadian citizen, is presently living in his home in the United States. He holds no real property any longer in Canada. His only income(retired) comes from a U.S. source, and he on… read more
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