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Answered in 10 hours by:
2/5/2014
VerifiedThank you for your question. My goal is to provide you with the best possible answer.
To achieve that goal it may be that I will find that I need to gather further information from you. As well, it's quite possible that you may feel the need to ask me additional questions for further clarification.
But, please understand that as a careful lawyer I will always give you an honest answer even if the answer is sometimes not what you were hoping for.
Are you saying you are making the loan payments as well as paying the insurance?
To achieve that goal it may be that I will find that I need to gather further information from you. As well, it's quite possible that you may feel the need to ask me additional questions for further clarification.
But, please understand that as a careful lawyer I will always give you an honest answer even if the answer is sometimes not what you were hoping for.
Are you saying you are making the loan payments as well as paying the insurance?
You are paying for it and she didn't buy it from you at fair market value.
You transfered the title to her so it could be registered in her name but did not make a gift of it in the sense that it was not to go to her estate. You were helping her out while she was alive only.
You will need the executor of her estate to transfer title or else you will need to get a court order.
Once ownership is back in your name you just let the insurance company know and send them proof.
You transfered the title to her so it could be registered in her name but did not make a gift of it in the sense that it was not to go to her estate. You were helping her out while she was alive only.
You will need the executor of her estate to transfer title or else you will need to get a court order.
Once ownership is back in your name you just let the insurance company know and send them proof.
VerifiedDebra and 87 other Canada Law Specialists are ready to help you
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