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My mother has recently died in Germany, and I am one of the
My mother has recently died in Germany, and I am one of the benefits of her will. Part of the estate was a house which is now being sold. I want to transfer my share of the proceeds to Canada. I do no… read more
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My spouse received a sum of money as a beneficiary of his
My spouse received a sum of money as a beneficiary of his mother's trust in the USA after she passed away in 2016. Our Q is does the amount received have to be declared as income on our Canadian tax f… read more
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I live in Alberta and my mother passed away, the bulk of her
Hi, I live in Alberta and my mother passed away, the bulk of her estate in in stocks, do the stocks have to be sold or can they be transferred to my sister and me?… read more
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My mother (retired) put 35% down and bought a house in Ontario,
My mother (retired) put 35% down and bought a house in Ontario, I work and pay mortgage, utilities, tax…. for her. My father and sister are still alive. In the event my mother pass away, without a wil… read more
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Im a Canadian citizen which just found out I may have inherited
I'm a Canadian citizen which just found out I may have inherited a large sum of money which is situated from what I understand in uk offshore bank account. What are my options?… read more
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I am now a Canadian Citizen originally from France. When my
I am now a Canadian Citizen originally from France. When my father died 13 years ago my two siblings and I inherited 50% of a Paris apartment with my mother receiving the other 50%. My mother continue… read more
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I inherited a us ira and paid 15% tax to the us and then
I inherited a us ira and paid 15% tax to the us and then reported the inherited to the canadian gov on my income tax and was told by my accountant it should be tax free I then got a tax bill from thec… read more
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If my common law husband wills me a large herd of cattle, will
If my common law husband wills me a large herd of cattle, will I have to pay tax when they are sold?… read more
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if i were to inherit money, a large sum of money, 12.5 million
if i were to inherit money, a large sum of money, 12.5 million dollars, and 79 percent of that was to be set up as a charitable foundation, 20 percent would be given as an actual inheritence to me, an… read more
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We recently inherited a 4 plex and sold it for $800,000.00.
We recently inherited a 4 plex and sold it for $800,000.00. What is the capital gains tax that we will have to pay?… read more
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I have inherited property in Canada. Im planning to live in
I have inherited property in Canada. I'm planning to live in the home as soon as it is in my name. Do I have to pay Capital gains? If so how much?… read more
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I inherit money from Spain. After the money has been transfe
I inherit money from Spain. After the money has been transferred in the Canadian bank, do I have to pay taxes to Spain? Or I can have it under Canadian law? What exactly is Canadian law for inheritanc… read more
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Hi I am POA for my aunt and uncle. Recently I have had to
Hi I am POA for my aunt and uncle. Recently I have had to take over their finances since both have become incapable of running their finances (now in nursing homes). I have restructured their portfoli… read more
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Are CPP and Old Age pension tax- free - must I do a tax return
Are CPP and Old Age pension tax- free?- must I do a tax return if my income is well under $20, 000? Must I pay tax on profit from inheritance money (from My recently deceased mother in Aus, either whe… read more
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My Uncle passed away, and I am the sole beneficiary of his
My Uncle passed away, and I am the sole beneficiary of his pension, approx. $190,000. How can I aviod paying taxes on this? I am 46. Thank you Carole O'Brennan… read more
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Ive inherited a substantial amount of money in the United
I've inherited a substantial amount of money in the United Kingdom, when it is transfer to my Canadian account, how much tax do I have to pay?, and can I claim it on my income tax.… read more
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I have inherited stocks in my deceased aunt's estate. I am
I have inherited stocks in my deceased aunt's estate. I am the executor and successor to the estate. She was a resident of the US and the stocks are american. I am a Canadian citizen and I reside in S… read more
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How much tax would I be rquired to pay to the Goverment in ...
How much tax would I be rquired to pay to the Goverment in the event that I received an inheritance from outside Canada???… read more
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