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A number of years ago, my elderly parents added me (their
A number of years ago, my elderly parents added me (their son) to the title of their home (joint tenant) which was done for estate purposes ie. to avoid probate fees down the road, and to allow me to move in and use after their death as a principal residence to avoid capital gains. My father has now passed away and my mother is considering selling and possibly moving together with me. From the information that I have been reading, apparently capital gains would need to be paid on half of the gain because I own 50 percent of the property and don't live there as my principal residence, even though my mother does. Is this true? … read more
Debra
Debra
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Doctoral Degree
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I own a condo in Port Moody .C that I own out right on title
I own a condo in Port Moody B.C that I own out right on title there were two people my mother and myself. The other property I was inherited but I moved into it and I've been here for 2 years because … read more
Debra
Debra
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Seven years ago my sister and I purchased a home in Quebec.
Hello, seven years ago my sister and I purchased a home in Quebec. My primary residence is in Ontario, my sister and mother have lived in the Quebec home since it's purchase. We had agreed at some poi… read more
RajenA217
RajenA217
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I am 50% owner on a property in Ab my mother is the other
I am 50% owner on a property in Ab my mother is the other 50% during a family dispute I have decided I want out. My mother is claiming she has to sell to buy me out. She has stated I'm to pay her $110… read more
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Debra
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Doctoral Degree
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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
Debra
Debra
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Our Mom is aging and wants to update her will. Her only real
Hello, Our Mom is aging and wants to update her will. Her only real asset is her home in order to simplify things for us after she passes and to possibly reduce probate taxes etc., she is considering … read more
Debra
Debra
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Doctoral Degree
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My mother in law who is97 lives in her residence in Ontario.
My mother in law who is97 lives in her residence in Ontario. She is asking if there would be any advantage to adding 4 of her children to the title of her property before she passes. The children are … read more
Debra
Debra
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Doctoral Degree
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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'm in Alberta and my 91 year old Dad living in Surrey BC
Hi, I'm in Alberta and my 91 year old Dad living in Surrey BC asked me about taxes on the sale of his home if he passes away. … 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
Debra
Debra
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Doctoral Degree
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My wife and I live in Vancouver Canada. My wife and her sister
My wife and I live in Vancouver Canada. My wife and her sister inherited their mother's house 4 years ago when their mother passed away. My wife has lived in this house her entire life, and I have bee… read more
Debra
Debra
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Doctoral Degree
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My son and his fiance live in an old house that belongs to
My son and his fiance live in an old house that belongs to the fiance's mother. The mother would like to give the house to her daughter as her inheritance. The house is in the Lower Mainland of Vancou… read more
Law.Hut
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My Mother just passed, my daughter and I were joint tenants
My Mother just passed, my daughter and I were joint tenants on her property,she left her share to be divided between my daughter and myself. It is waterfront property which was baought and house built… read more
Debra
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My parents own a home which they would like to keep in the
My parents own a home which they would like to keep in the family. According to the will, I and 3 other siblings will inherit an equal share. We were wondering if having all our names on the title wou… read more
Debra
Debra
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Doctoral Degree
145,148 satisfied customers
my parents passed away 4 years ago, approx 15 years ago they
my parents passed away 4 years ago, approx 15 years ago they added me to their house title along with their names. they also willed me the house. before their deaths, they went into a seniors apartmen… read more
Debra
Debra
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Doctoral Degree
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My 89 year old mother owns a Condo in Walnut Grove,Langley,
My 89 year old mother owns a Condo in Walnut Grove,Langley, BC. She would like to put one of her 4 children's names on the title. All of the children own their own homes, in various provinces. On moth… read more
Debra
Debra
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Doctoral Degree
145,148 satisfied customers
My mother passed away in 2009. Shortly before her death, she
My mother passed away in 2009. Shortly before her death, she made joint ownership arrangements for her condo (which she purchased in 2006 for $180,000) so that the property could pass directly to me, … read more
Debra
Debra
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Doctoral Degree
145,148 satisfied customers
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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Debra
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