This article will provide a comprehensive overview of capital gains on inherited property in Canada, explain who pays the tax, explore strategies to reduce or avoid it, and answer frequently asked questions to ensure you have a clear understanding of your obligations and options. 24 Jun

How to Avoid Paying Capital Gains Tax on Inherited Property in Canada

This case underscores that when emotional ties to family cottages are not managed by clear legal drafting, even well-intentioned estate plans can result in litigation. 16 Jun

Ontario Court Ruling: Sibling Dispute Over The Family Cottage

The longstanding feud among the heirs of Sol Goldman’s vast New York real estate fortune has reignited. This is the latest chapter in a family conflict that dates back to the 1980s...  12 Jun

NYC Real Estate Dynasty Heirs Intensify Feud Over Property Empire

This case is a testament to how even well-intentioned actions, when shrouded in ambiguity, can ignite protracted legal battles, leaving emotional scars and financial burdens on grieving families. 06 Jun

A Family Divided: Vancouver Condo at Centre of Estate Dispute

Can You Avoid Impending Capital Gain on Your Family Cottage? 05 Jun

Can You Avoid Impending Capital Gain on Your Family Cottage?

For high-net-worth families in Canada, effective estate planning is the cornerstone of generational wealth. In this guide, we walk through foundational estate planning strategies —tailored for families with significant wealth— and how to use them to build a legacy that lasts. 05 Jun

Legacy-Centered Approach for High-Net-Worth Families in Canada

In estate planning, the "right of survivorship" refers to a legal principle that, in joint ownership arrangements, the surviving owner(s) automatically inherit the deceased owner's share of the property or asset without it going through the probate process. This is a key feature of joint tenancy, which allows for a smoother and faster transfer of ownership upon death.  27 May

Definitions: Understanding the “Right of Survivorship”

Frequently Asked Questions: What is "Right of Survivorship"? 22 May

Frequently Asked Questions: What is “Right of Survivorship”?

Inheriting property can be a complex process, but with proper planning, it doesn’t have to be overwhelming. Taking proactive steps can prevent disputes and create a clear path for future generations. 22 May

Inheriting Property: What You Need to Know

The Pitfalls of Joint Ownership: Know the Risks 22 May

The Pitfalls of Joint Ownership: Know the Risks

As you navigate your necessary estate planning decisions, here are a few crucial mistakes plenty of people make, but that you'll want to avoid. 15 May

Safeguard Your Legacy: Don’t Make These Costly Mistakes!

Passing down real estate to loved ones gets more complex when the property lies across international borders. Unlike domestic transfers, international real estate transfers involve navigating different legal systems, tax obligations, and reporting requirements. Luckily, there are legal structures and tax strategies that can minimize the complications and ensure that your property passes smoothly to your heirs. 02 May

How to Pass Down Real Estate Across Borders Without Tax Nightmares