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
Lawyer
Doctoral Degree
146,166 satisfied customers
We have a living revocable trust, for my mother, in NH. MyWe 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
Debra
Lawyer
Doctoral Degree
146,166 satisfied customers
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
Law.Hut
Lawyer
Law degree (Juris Doctor)
6,458 satisfied customers
Inheriting land: Father died first, Mother never ownedOur 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
Lawyer
Doctoral Degree
146,166 satisfied customers
I am a US citizen, and as of May 2011, a new Canadian PermanentI 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
Lawyer
Doctoral Degree
146,166 satisfied customers
Canadian tax question. Took brother off deed to family cottageCanadian 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
Lawyer
Doctoral Degree
146,166 satisfied customers
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
Lawyer
Doctoral Degree
146,166 satisfied customers
We are permanent residents in the US (we have lived here forWe 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
Lawyer
Doctoral Degree
146,166 satisfied customers
My deceased maternal grandmother was a Canadian citizen, yetMy 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
Lawyer
Doctoral Degree
146,166 satisfied customers
I own a property and I would like to leave it to my daughtersI 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
Lawyer
Doctoral Degree
146,166 satisfied customers
Hi - I need clarification, please. This is with canadian andHi - 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
Debra
Lawyer
Doctoral Degree
146,166 satisfied customers
Are quit claims on property recognized in Ontario Also, wouldAre 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
Debra
Lawyer
Doctoral Degree
146,166 satisfied customers
In 2003 we were advised to transfer my parents canadian propertyIn 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
Debra
Lawyer
Doctoral Degree
146,166 satisfied customers
Hello, My grandmother is the sole owner of a cottage onHello, 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
Lawyer
Doctoral Degree
146,166 satisfied customers
We inherited a cottage from our parents in Ontario, we areWe 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
Lawyer
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
Flagbridge-CDN
Principal Consultant
B.Kin, B.C.L, C. Neg, C. Med, C. A
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