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So, regardless what the Final Will and Testament states, your depraved step-mum or dad can elect the higher of $50,000 or 1/3 of your dad or mum's whole web Property.

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Better Homes and Gardens® is a registered trademark of Meredith Company licensed to Better Properties and Gardens Real Property LLC.

Analysis BC real property news and discover out about Lower Mainland and Vancouver neighbourhoods and local facilities. Whereas the inheritance of an Property could also be subject to Estate taxes, it'll happily be exempt from any capital positive aspects tax that might have otherwise been due and owing by the decedent had they transferred the real property themselves pre-demise.

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