During your lifetime, you should not transfer ownership of real estate to your child(ren). Here’s why.

Posted by McMurter & Associates on 24 July 2025
When it comes to real estate, there’s no way to sidestep the rules. If you’re considering gifting property to your child during your lifetime, it’s  important to know that land transfer tax and capital gains tax are unavoidable parts of the process. Gifting real estate is more complex ...
Posted in:Wills & Estates  

What you need to know when financially helping your child(ren) buy a home

Posted by McMurter & Associates on 3 July 2025
In 2025, skyrocketing home prices and strict mortgage qualification rules have made it increasingly difficult for young adults to buy their first home on their own. This growing trend reflects both the financial realities facing younger generations and the evolving role of the so-called “Bank o...
Posted in:Firm NewsFirst Time Home BuyersPurchasing A Home  

Closing Costs Breakdown for Ontario Real Estate Transactions

Posted by McMurter & Associates on 23 April 2025
Buying your first home is a major milestone — and while saving for your down payment is likely top of mind, it’s important to plan for additional expenses known as closing costs. These costs can add up quickly and often catch first-time buyers off guard, but being prepared can help ...
Posted in:First Time Home BuyersPurchasing A HomeReal Estate Law  

The Role of a Real Estate Lawyer in Refinancing Your Home

Posted by McMurter & Associates on 1 April 2025
Lower interest rates, debt consolidation, and accessing home equity are common reasons homeowners choose to refinance their mortgages. A real estate lawyer plays a key role in this process, ensuring all legal aspects are handled properly.However, we’re not here to determine whether re...
Posted in:Refinancing  

The Biggest Estate Planning Mistakes (and how to avoid them)

Posted by McMurter & Associates on 19 February 2025
Estate planning is one of the greatest gifts you can give your loved ones. With the start of a new year, it’s the perfect time to tackle items you may have been putting off, including creating or updating your estate plan.If you’ve already taken the time to create an estate plan, congratulati...
Posted in:Wills & Estates  
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McMurter & Associates is located in Whitby, Ontario, and serves the communities of Oshawa, Ajax, Pickering, Clarington, Newcastle, Bowmanville, Courtice, Whitchurch-Stouffville and municipalities throughout Durham Region.