Making plans for what happens to your assets after your death can be overwhelming and it is something that a lot of people try to avoid as long as possible. However, it is actually in your best interest to make a Will outlining the wishes for your Estate sooner rather than later. In Ontario, the legislation that covers w...

The recently announced 2019 Canadian federal budget has added budgetary provisions that will change the real estate market in Ontario. The following budgetary items that the Liberal government has planned include: $1.25 billion over three years for a First-Time Home Buyer Incentive. Increase of the maximum available for...

Clients are sometimes worried that they won’t be available to meet their lawyer and sign documents for their real estate transaction closings. The good news is that if you communicate your circumstances to your lawyer ahead of time, your lawyer can prepare a Power of Attorney to deal with your property. Your circumstan...

Nobody likes paying taxes and everyone likes to minimize any taxes payable. On every residential real estate transaction, whether a purchase, a sale or an assignment, there are various municipal, provincial and federal taxes that might be applicable and must be considered. This is all in addition to the property taxes th...

This question comes up weekly, if not daily in my practice sometimes.  The situation is often the same:  one parent has already passed.  One parent is still alive and living in the family home.  There could be any combination of children- 1 or more. The question becomes:  should the parent transfer the home to the c...