Global Property Guide

Financial Information for Residential Property Buyers


Inheritance tax and law

Last Updated: February 22, 2011

There is no inheritance or estate tax.

Comments

Dave Ruder | August 25, 2010

I have a question, before the bank in Canad will send your inheritance money, is it true that you have to have $10,000.00 in your account.

Thank You.

Wendy | September 03, 2010

If you are willed a specific amount from an estate, are the executors allowed to decrease that amount without any explanation?

Eli | September 04, 2010

My parents own a vacation home in Ontario however they live in the US and they are US citizens. I live in the US and I'm a US citizen. Cany they transfer the property to me or pass it on to me after they pass away? If so what is the process and how much would it cost?

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