Buying, selling,
or transferring ownership of a home
Call
us for helpful advice before you sign on the dotted line.
- Did you know being a "First Time Home Buyer" does not in itself,
enable a purchaser to claim an exemption from the Property Transfer Tax?
This tax, calculated on the purchase price as 1% up to $200,000.00, 2%
on the balance, can be a huge expense - don't let it be unexpected - call
to make sure you meet ALL the requirements for the expemption.
- Should you include a child or children on the title of your home? The
decision to put your child or children on title as an estate planning
measure should be an informed decision. Probate fees may end up being
the least of your worries.
Powers of Attorney; Representation Agreements
- Powers of Attorney allow
a person, referred to as a Donor, to appoint another person (or persons)
to act on their behalf for legal or financial matters and can be as broad
(no restrictions) or as narrow (by defining restrictions) as you may wish.
They are capable of being in effect from the time of signing until revoked
or the Donor dies - the Power of Attorney dies with the Donor and then
it is his or her Last Will & Testament that comes into effect.
-Representaion Agreements - A Representation
Agreement allows an adult to appoint a representative (or representatives)
for legal, financial, and medical matters, including health care decisions.
Wills - Do you have a Will?
Regardless of whether you have children or the extent
of your assets, having a valid Will is the means for YOU to have a say
in the matter.
A Tradition of Trust