LifeBuzz Inheritance and End-of-Life Matters news examines real estate considerations under Canadian Inheritance Law: Rules, Taxes, and Legal Processes Explained. Wills should clearly identify the distribution methods for property, while beneficiaries inherit on a market-tax basis. Primary residences transferred to beneficiaries avoid taxation, but capital gains apply when the estates sell properties first. LifeBuzz guidance indicates that estates pay ongoing utilities and property taxes until the transfer or sale is completed.
https://lifebuzz.ca/inheritance-law-in-canada/
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