Gifts of property between family members aka "Family Transfers" are common and can be very gratifying for the recipient and satisfying for the giver.
Although Canada has no gift tax, in some cases a gift can trigger tax rules that could increase your income taxes and prevent a pleasant experience for both you and the recipient.
To limit the tax burden for the giver and receiver, reach out to us TODAY!
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Gifts of property between family members aka "Family Transfers" are common and can be very gratifying for the recipient and satisfying for the giver.
