Benefits of Joint Tenancy

The benefits of estate planning with joint tenancy Estate planning is certainly not a one-size-fits-all model; however, a joint tenancy could be used to help achieve a few common goals, including: ensuring the property passes to the appropriate beneficiary; minimizing income tax and probate fees; and simplifying the estate administration process. Benefits of Joint Tenancy [...]

By |2019-12-13T11:09:32-08:00August 22nd, 2019|Blog, Real Estate, Wills & Estates|

B.C.’S Home Owner Grant: Principal Residences Valued at $1.6 Million or Less May Now be Eligible

Changes to B.C.’s Home Owner Grant, which reduces the amount of property taxes payable on principal residences throughout the province, have been introduced in response to rising property assessment values. The threshold for home values eligible for the Home Owner Grant has been raised to $1.6 million, a 33% increase from the previous level of [...]

By |2019-07-24T08:46:58-07:00February 10th, 2017|Real Estate|

Breaking into British Columbia’s Real Estate Market with the Use of a Co-Ownership Agreement

Breaking into British Columbia’s Real Estate Market with the Use of a Co-Ownership Agreement It seems that the goal of owning a piece of property in British Columbia is becoming more and more unattainable each time we read a news story. The headlines emphasize the growing number of barriers that are preventing individuals from investing [...]

By |2019-12-17T07:59:17-08:00September 8th, 2016|Real Estate|