Ontario ruling shows potential perils of parents naming a child joint home owner
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Article Excerpt
Ontario ruling shows potential perils of parents naming a child joint home owner
RUDY MEZZETTA
PUBLISHED JUNE 23, 2026
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Parents sometimes transfer joint ownership of a home to an adult child to avoid probate tax and facilitate a transfer of property on death. However, naming a child joint owner means losing the ability to make decisions about the property.
VECTORMINE/ISTOCKPHOTO / GETTY IMAGES
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