The short answer: Estate Administration Tax (EAT), often called probate fees, is a tax Ontario charges on the value of an estate when an estate certificate is issued. There's no tax on the first $50,000, and $15 per $1,000 above that. Naming beneficiaries and holding assets jointly can reduce how ...

As a buyer, it can be tempting to forego all conditions. Financing, home sale, and home inspection conditions are the most common conditions. If you are considering excluding conditions, we urge you to reconsider.It is no secret that our team at McMurter & Associates are strong believers in c...

The short answer: A chattel is a movable piece of personal property that isn't permanently attached to a home, such as furniture or appliances, and it only stays if the Agreement of Purchase and Sale says so. A fixture is an item attached to the home or land, such as light fixtures, and generally ...

When settling the estate of an individual there are often hurdles and hiccups that must be navigated. If you are  an Executor of an estate that has property to sell, we expect that you may have some serious questions. Read more about what to expect when you are appointed as an Executor ...

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 It is said that hindsight is 20/20. However, after an issue arises, this advice never...