Question: Husband moves out of matrimonial home 3 years ago when home was worth $600,000. They do have a separation agreement from that time, but it doesn’t apparently cover this …
Issues Concerning the Appointment of a Guardian
(Ontario) Question: There are a number of issues related to real estate in a Will, but what about younger children? Can they still live in the house etc? Answer: Good …
Joint Tenancy without the “Statement of Intention” can be Costly
There was an interesting case which recently came before the Ontario Court of Appeal for consideration. At issue was the question of whether or not the individual intended “joint tenancy”. …
Estate Sale: Who’s the Client?
Sometimes, this is a little more complicated than it would seem. Mary Jones had three daughters: Marie, Cathy and Joan. Marie was just like an extra mother because she was …
Statutory Severance of Joint Tenancy (Matrimonial Home in Ontario)
Question: If 3 partners, who are single, own a property as joint tenants, one partner gets married and dies after 3 yrs. So joint tenancy is for dead partner’s part …
A Few Points About Joint Tenancy in Ontario
If two people acquire property as joint tenants, they must hold it 50/50. If there are three, then each must hold one-third. If it were to be 90/10, that’s fine, …
Joint Tenancy Thwarts Bankruptcy in This Instance
Having property registered in joint tenancy actually worked quite favourably. A doctor acquired a matrimonial home and placed the title in his name together with his wife as joint tenants. …
Deceased without Relatives
Question: What happens to a property when someone dies without any relatives? Answer: There are relatives, you just don’t happen to know who they are. This type of an estate …
Some Estate Planning Techniques for Preserving the Interest in the Matrimonial Home
Question: Here are some additional facts following legal consultation. Jim’s parents will own 1%. Jim will own 99%. Susan will get 50% of matrimonial home should marriage dissolve. Susan needs …
Preserving the Interest in the Matrimonial Home in Ontario
Question: Susan and Jim get married and buy their first home. Jim’s parents are brought onto the title to co-sign. Now, 4 people are now on title for the Susan’s and …