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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
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My father died in 2006 and my sister is the executer. She has
My father died in 2006 and my sister is the executer. She has still not settled the entire estate - waiting to see if capital gains needs to be paid on the cottage and shares transferred to her. How m… read more
Copperlaw
Copperlaw
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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
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if I sale my house and transfer the money which I got ,to another
if I sale my house and transfer the money which I got ,to another country do I need to pay any tax(like exit tax) to canadian government? do I need to report it to the government? is there any procedu… read more
Copperlaw
Copperlaw
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Law Degree
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I am the Executor for my fathers estate. He died October 2009.
I am the Executor for my father's estate. He died October 2009. My fathers's estate was worth 1.4 million dollars. The beneficiaries were myself 30%, brother 25%, sister 25% and my two children 10% ea… read more
Debra
Debra
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Doctoral Degree
145,205 satisfied customers
I converted my property from a bungalow to a 2 storey duplex
I converted my property from a bungalow to a 2 storey duplex House valued $225,000 I lived in the bottom part for 18 years I moved out in 2003 and rented the bottom part and the top part House value $… read more
Debra
Debra
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Doctoral Degree
145,205 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
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Doctoral Degree
145,205 satisfied customers
We are retired and decided to move from Canada to the USA to
We are retired and decided to move from Canada to the USA to be with our children. In the spring of 2008 we put our home in Quebec (where we lived since 1985) on the market. The house did not sell, bu… read more
Debra
Debra
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Doctoral Degree
145,205 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
145,205 satisfied customers
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
145,205 satisfied customers
My husband passed away feb 2010...he owned the family farm
My husband passed away feb 2010...he owned the family farm with his brother as joint tenants which they inherited from the dad.... My account is trying to do my husbands 2010 income tax now so that I … read more
Debra
Debra
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Doctoral Degree
145,205 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
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Doctoral Degree
145,205 satisfied customers
My deceased maternal grandmother was a Canadian citizen, yet
My deceased maternal grandmother was a Canadian citizen, yet lived most of her adult life in the US.(She was married in Puerto Rico to an American citizen.) My paternal great grandparents built a cott… read more
Debra
Debra
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Doctoral Degree
145,205 satisfied customers
Hi - I need clarification, please. This is with canadian and
Hi - I need clarification, please. This is with canadian and u.s. citizens. When my grandfather died, my grandmother (both Canadian citizens) did not want to co-own the house with my mother so she gif… read more
Debra
Debra
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Doctoral Degree
145,205 satisfied customers
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
Lawyer
Doctoral Degree
145,205 satisfied customers
Hello, My grandmother is the sole owner of a cottage on
Hello, My grandmother is the sole owner of a cottage on Lake Huron (Ontario) in Canada that has been in our family since 1916. There is no mortgage on the cottage and it is valued at roughly 700-900k … read more
Debra
Debra
Lawyer
Doctoral Degree
145,205 satisfied customers
When applying for a clearance certificate for an estate from
When applying for a clearance certificate for an estate from Revenue Canada, can the government make the executor withhold monies from beneficiaries in payment for back taxes owed by the beneficiary f… read more
Debra
Debra
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Doctoral Degree
145,205 satisfied customers
My father died recently. In his will he left everything to
My father died recently. In his will he left everything to my mother. All Real Estate property they owned was only under his name. Does she have to pay inheritance tax and at what rate? They are Canad… read more
Debra
Debra
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Doctoral Degree
145,205 satisfied customers
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