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Home Ownership: Joint Tenants vs Tenants in Common | There are three main ways that a homeowner can own a home, and the way title is held dramatically affects their estate and heirs... 04 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Home Ownership: Joint Tenants vs Tenants in Common

If you and your siblings are on track to one day inherit your parents’ home, take heed of this cautionary tale, and learn how to avoid the same fate. Does this man owe his siblings anything more? All the experts to share their take on the situation. 16 Jan
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inheriting a Home With Your Siblings: What Can Go Wrong?

Property owners who have used joint ownership as an estate planning tool to avoid the cost and delay of probate will need to revisit their plans in light of this decision. 16 Dec
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Court Ruling Upsets Commonly-held Interpretation of Joint Tenancy

Dealing with property matters after the loss of a loved one can be overwhelming. Learn how to navigate Ontario's survivorship application process effectively with this comprehensive guide. 28 Nov
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Guide to Completing a Survivorship Application in Ontario

What to Do if You Inherit a House with a Mortgage | Curated Content | Property Pitfalls | Real Estate | Inheriting Debt | Estates Gone Wrong 27 Aug
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

What to Do if You Inherit a House with a Mortgage

Renouncing an Inheritance: an Inherent Right | Inheriting a House | Property Pitfalls | Real Estate | Family Disputes | Estates Gone Wrong 18 Jun
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Renouncing an Inheritance: an Inherent Right

Sibling Living in Inherited Property: Refuses To Sell 01 Jun
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Sibling Living in Inherited Property: Refuses To Sell

Testators should know the risks before using joint ownership as an estate planning tool.  16 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Joint Ownership of Property: Know the Risks

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Ever thought about gifting a property to your children? I recently had this very discussion with my own aging parents. This resulted in some important discussions about our family home, their goals and consideration for the tax outcomes of any decisions made...

Transferring the Family Home: Considerations for Canadians

Transferring property to heirs "inter vivos" offers emotional benefits and potential probate fee reduction, but can trigger an immediate capital gains tax liability and means a loss of control and potential exposure to your heir's creditors. 

Gifting Property to Your Heirs “Inter Vivos”: Pros and Cons

Major life transitions can cause stress that makes it hard to think clearly, leading to poor financial decisions. A Certified Financial Transitionist can help you manage the financial and emotional aspects of these events.

The Financial and Emotional Challenges of Major Life Changes

Staying informed isn’t just good practice. It protects relationships, builds trust, and ensures clients feel safe and supported. Consider bookmarking the BankSafe Dementia Hub as a go-to reference when navigating delicate client situations.

Dementia Hub: Fraud Prevention Resources from AARP

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