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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
Debra
Debra
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Doctoral Degree
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I am a non resident of BC I would like to sell my condo is
I am a non resident of BC I would like to sell my condo is it true that CRA withholds 25%. … read more
Debra
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Doctoral Degree
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What are tax implications on selling between joint tenency
what are tax implications on selling between joint tenency vs tenency in common. Which is better if I want to give the title back to my kids … read more
Debra
Debra
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Doctoral Degree
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My mother-in-law just passed away on Jan 15, 2016, here in
Hi: My mother-in-law just passed away on Jan 15, 2016, here in Victoria. She has a fairly large estate (around $500,000), with ALL her money invested in Canadian mutual funds. She was living in a care… read more
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I am executrix on mother's estate. She passed away Aug.
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This is in Ontario. My brother died early last month without
This is in Ontario. My brother died early last month without a will. His wife is having problems opening an estate account with the BMO. They require that she be appointed as the administrator by the … read more
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My sister owns a condo in Montreal, QC Canada. This condo is
My sister owns a condo in Montreal, QC Canada. This condo is not her primary residence and she has rented it out for the past 5 years. My understanding is that since this is not a primary residence sh… read more
Law.Hut
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brother recently died intestate has $5000 in the bank how can
brother recently died intestate has $5000 in the bank how can the remaining three brothers access this.… read more
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I live in BC... My Mom in Alberta. Her estate, upon her death
I live in BC... My Mom in Alberta. Her estate, upon her death will be split 50/50 between my brother (lives in Alberta) and myself. Her only asset is her house.. and a couple of bank accounts of which… read more
Debra
Debra
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Doctoral Degree
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My brother in law died owning Canadian rental property. He
My brother in law died owning Canadian rental property. He was a US citizen. The beneficiaries have sold the property. The notary that sold the property has put aside moneys to cover any capital gains… read more
Debra
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I have inherited sole ownership of a rental house (joint tenant
I have inherited sole ownership of a rental house (joint tenant deed with my father) and would prefer that my mother declare the income since she was the sole beneficiary of my father's will. How do I… read more
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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
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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
Ulysses101
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My son passed away last April the 16th he left no will. The
My son passed away last April the 16th he left no will. The $200 in his bank account was given to his brothers, as was his car and the $2500 that came from the Canadian Government to cover the funeral… read more
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Re death/inheritance tax in Ontario. Not a large estate.
Re: death/inheritance tax in Ontario. Not a large estate. Is it wise to try to spend/give away assets to avoid paying taxes. My elderly mother (widow) will not spend on herself in efforts to leave som… read more
Debra
Debra
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Doctoral Degree
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My husbands father passed away 4 years ago. A year and a half
My husband's father passed away 4 years ago. A year and a half ago the inheritance was dispersed evenly amongst the six kids.Everyone signed the lawyers documents and we thought it was settled and beh… read more
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Hello -Im the first and only Heir on my mothers Est
Hello: -I'm the first and only 'Heir' on my mother's Estate as stated in her'Last Will and Testiment'. The 'Will' legally drawn in Ontario where she resided prior to her death in Dec.2008. The capital… read more
Debra
Debra
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Doctoral Degree
130,469 satisfied customers
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
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