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Parents have property& cottage in Ontario Canada. Parents,
Parents have property& cottage in Ontario Canada. Parents, children and grandchildren are all US citizens. We need estate planning and tax advice. Is a Canadian will needed to leave property to the ch… read more
Debra
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My dad and myself along with two of my brothers are joint tenants on a deed
Hello, My dad and myself along with two of my brothers are joint tenants on a deed for a camp lot in New Brunswick. All of us along with two of my sisters have jointly built a seasonal camp on the pro… read more
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We have a living revocable trust, for my mother, in NH. My
We have a living revocable trust, for my mother, in NH. My brother and I are 50/50 beneficiaries of her estate. She owns land in Novia Scotia. I read that, upon inheritance, the land is taxed on 1/2 o… read more
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Three siblings hold a condo in Florida as "tenants in common"
Three siblings hold a condo in Florida as "tenants in common" Our mother has the right of survivorship. Our father passed away in 2001. This condo is now being sold. The sale value is about $10,000 le… read more
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Inheriting land: Father died first, Mother never owned
Our family members are US Citizens. Father died in Arkansas in 1996 owning 50 acres in Lanark Highlands, Ontario, remote, with no road access. It was in his name alone. His will states assets go to wi… read more
Debra
Debra
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Doctoral Degree
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I am a US citizen, and as of May 2011, a new Canadian Permanent
I am a US citizen, and as of May 2011, a new Canadian Permanent Resident. My largest asset, which is shares of an LLC owning a multifamily housing project in Denver, is in escrow. By year's end I expe… read more
Debra
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Canadian tax question. Took brother off deed to family cottage
Canadian tax question. Took brother off deed to family cottage in Ontario prior to his divorce 6 yers ago. Now that all is settled I want to put him back on. Is there any problem or expense to do that… read more
Debra
Debra
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Doctoral Degree
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My uncle has a property in Florida, hes canadian citizen,
My uncle has a property in Florida, he's canadian citizen, he has a will to give my sister and I the house. He's 90 , and call me to go to Florida to transfer the house on both our names, ASAP. We'd l… read more
Debra
Debra
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Doctoral Degree
146,166 satisfied customers
We are permanent residents in the US (we have lived here for
We are permanent residents in the US (we have lived here for 7 years). We currently in a very negative morgage situation and are trying to decide whether we should stop paying on our condo. We are cur… read more
Debra
Debra
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Doctoral Degree
146,166 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
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Doctoral Degree
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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
Debra
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Doctoral Degree
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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
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Doctoral Degree
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What are the canadian tax liabilities for money withdrawn from
What are the canadian tax liabilities for money withdrawn from an offshore trust? Rosemary A Canada.… read more
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Are quit claims on property recognized in Ontario Also, would
Are quit claims on property recognized in Ontario? Also, would the remaining property owner have any financial responsibility re: capital gains if the property were not being sold?… read more
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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
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Doctoral Degree
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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
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We inherited a cottage from our parents in Ontario, we are
We inherited a cottage from our parents in Ontario, we are all Americans. Could we make a land transfer of the property to our children without having them or us pay taxes. If not, do Americans have t… read more
Debra
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Doctoral Degree
146,166 satisfied customers
We have a revocable living trust in California into which ...
We have a revocable living trust in California into which we have put all of our property, except some land and a house in British Columbia with a value of over 1M. Can we put that land in our Califor… read more
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Flagbridge-CDN
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B.Kin, B.C.L, C. Neg, C. Med, C. A
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