Property News · March 6, 2013

What are the implications of my mum gifting us her house?


Q I live in Canada and have two brothers, one in England and one in Scotland where my mother lives. My mother is in her 80s and she is concerned that if anything happens to her we would not be able to sell the home quickly, therefore she would like to “gift” her home to my brothers and I.I would just like to confirm I have my facts straight with regards to tax, as I keep getting different information. Continue reading…

Source : theguardian.com
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