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I was wondering how personal taxes are affected by
Hello, I was wondering how personal taxes are affected by inheriting money from the sale of real estate in a will? For example, after dividing the sale proceeds between the beneficiaries … read more
Ulysses101
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Our cottage is in my husband's name only, if he dies will I
Our cottage is in my husband's name only, if he dies will I have to pay capital gains. would it be better if it was in both our names. We have a primary residence in both our names … read more
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We have talked before. My mother in law who has name her 8
This Question is for Debra. we have talked before. My mother in law who has name her 8 American children as heirs to her principal residence her property being in Canada. We have been in touch with a … read more
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My senior father owns 7 lots in Saskatchewan and some years
My senior father owns 7 lots in Saskatchewan and some years ago my sister's name was added to 2 of the lots. My father has recently gone into a home, he doesn't have a will and my siblings and I are w… read more
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deceased died 10 years ago, had property in Bella Coola, B.C.,
deceased died 10 years ago, had property in Bella Coola, B.C., resided there at one time, property just sitting all this time for sale, a sale has now gone through, completes 30th of this month, the p… read more
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We have a living revocable trust, for my mother, in NH. My
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This is a question for a property lawyer familiar with canadian
This is a question for a property lawyer familiar with canadian law. A and B., who are both non - canadians, own a house and land as tenants in common in canada. B died and left his share for C who is… read more
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Farmland that is a title as joint tenants (Father and Son)
Farmland that is a title as joint tenants (Father and Son) When the Father dies and he has farmed it for 50 of the 65 years he has owned the land does his estate have to do a disposition or can the la… read more
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
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Doctoral Degree
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Both parents passed away, father June 2010, mother April 2012.
Both parents passed away, father June 2010, mother April 2012. They were tenants in common and clearly specified the division of their primary residence and their cottage. My father's will was not pro… read more
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PART 2 - My dad passed away, BC resident and is on 2 Alberta
PART 2 - My dad passed away, BC resident and is on 2 Alberta titles. My dad's mom gave my parents 5 acres in Bragg Creek for their wedding gift in 1964 but never put them on title. My parents received… read more
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My father has a condo that he wants to give to me. I would
My father has a condo that he wants to give to me. I would like to put my name on the property so that it is co-owned by us both. He is 82 and not keeping up with things and would like to move into an… read more
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Hello, I have a question about estate planning. My parents
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My parents own a home which they would like to keep in the
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My father (mother pre - deceased) is diagnosed with terminal
My father (mother pre - deceased) is diagnosed with terminal cancer and is planning his estate. We have set up a will and powers of attourney. The question is more of a tax planning nature. He wishes … read more
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My father who lives in Ontario bought 3 residential lots about
My father who lives in Ontario bought 3 residential lots about 10 years ago in Quebec. He is now 85 and not well. He wants to know the best way to pass the 3 lots to his 3 children without burdoning t… read more
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If my dad adds three of his children to the deed of his cottage
If my dad adds three of his children to the deed of his cottage in ontario, and they are all American citizens, including himself.....when, and how much capitol gains is triggered, and who is responsi… read more
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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
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