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My wife and I currently own two adjacent houses sitting on
My wife and I currently own two adjacent houses sitting on individual lots...we were not informed by our lawyer that section 50 of the planning act comes into play. It was the bank that noticed this a… read more
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In Ontario; real estate is jointly owned by a common-law
In Ontario; real estate is jointly owned by a common-law couple and they separate. If A gives the property to B, by way of removing their name from the title, and the property is not sold, and A recei… read more
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What are the succession rules in Canada. If I leave my cottage
What are the succession rules in Canada. If I leave my cottage to my son (it's my principal residence) will he have to pay taxes on it's value?… read more
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If a person who owns their own home but has to go into an assisted
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Can I gift my portion of a jointly owned property to my kids,
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My mother is a Canadian citizen living in Ontario (Toronto)
My mother is a Canadian citizen living in Ontario (Toronto) and I am a duel citizen living in MN. My mother (no spouse) owns a house (free and clear) and I, as the only child, will inherit the estate … read more
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if I sale my house and transfer the money which I got ,to another
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When dealing with estates, how does property in deceased name
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My wife and I owned a condo. My wife passed away. I am thinking
My wife and I owned a condo. My wife passed away. I am thinking of transferring the title of the condo over to my children. Is this a good idea. ?What are the ramifications ?I want to make things easy… read more
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We are couple, 62 years old. We have two daughters, both married
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My parents own a home which they would like to keep in the
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I own two homes, one as joint Tenants and one as Estate Trustee
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My sister and myself have inherited an income property in Toronto
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I own a property and I would like to leave it to my daughters
I own a property and I would like to leave it to my daughters when I die. I made a will, but don't really want them to go through the probate business. I prefer to make them joint owners to avoid all … read more
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Re death/inheritance tax in Ontario. Not a large estate.
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If I am co owner on my mothers home and I own my own home...we
If I am co owner on my mothers home and I own my own home...we are planning on selling both homes and buying one together. Will i have to pay tax? She lives permenantly in her home and I in mine...… read more
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my wife & I are tw0-thirds owners of my mother-in-laws condominium.....she
my wife & I are tw0-thirds owners of my mother-in-laws condominium.....she "sold" this to us for $1...& we had a notary draw up an agrrement. When she passes away & my wife & I sell the condo, what is… read more
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If a mother is dying and wants two of her sons to remaining
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