Most of us have pretty standard assets: bank accounts, houses, cars, maybe some investments or a pension. What happens if you own a copyright over works of art? The first question is whether you want anything specific done with your works of art. You can specifically...
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cesia@wall-arm.ca
Buying tenants
If you are thinking about buying a house that is currently rented out to tenants, there are a few things you need to know. First, if you are going to be keeping the tenants, you will want to see their rental agreements while the offer is still conditional. You do not...
Death and taxes
Someone once said that the only sure things are death and taxes. Sometimes, those come together. When you die, you still owe taxes for the year of your death. You could also owe back taxes, and Canada Revenue Agency will not forgive them because the person has died....
Paying your deposit
Here are some tips on paying a deposit on a real estate purchase: The deposit is not paid until the offer is accepted, and you can usually agree to pay it within 24 or 48 hours of acceptance. It does not need to be certified funds. Refusing to pay the deposit does not...
Digital access
I have written many times about digital assets, and how access to them after death can be extremely difficult. In Delaware, they recently took a giant leap toward increasing access. Since August 2014, if you are acting as a fiduciary, whether during someone’s...
Happy holidays!
I hope that you have a wonderful time with your family as the year comes to a close. I will be back in January.
The start-to-finish guide to buying a home
It’s no secret that I love the website Lifehacker. There are all sorts of great tips and advice over there. A while ago, I came across this article (http://lifehacker.com/the-start-to-finish-guide-to-buying-a-home-1663317601), and wanted to share its top points....
The top 10 celebrity estates of 2014
As the year draws to a close, there will be a lot of Top 10 lists showing up - biggest disasters, best cat videos, and of course, endless lists about celebrities. Andy and Danielle Mayoras over at Forbes have compiled a list of the top 10 celebrity estates of 2014,...
Selling privately? Be careful
I am a big believer in realtors. I think that, most of the time, they are conscientious and committed to helping their clients, and they make my job easier. Most of the time, you will not pay upfront for a realtor’s services. You get the benefit of all of their work,...
Lessons in end of life care from Joan Rivers
As most people will know, Joan Rivers passed away in early September. She was a pioneer in the comedy world, and a larger-than-life figure. She also took death in stride, regularly making jokes about it in her comedy acts and online. It turns out that she did more...