Asked
Not sure if you can help but here's my question. My daughter and I own a house together. If I die does she have to pay inheritance taxes?
Clint’s answer
Probate is the name for the tax that the estate is subject to when a person passes away.
If your daughter and you are both on title as "Joint Tenants" giving the other person on title "Joint right of survivorship" then the house would not pass through probate and there will be no probate tax to pay on the house.
February 4, 2025
From Ask Clint: real questions from a Canadian public finance forum, answered by Clint Cole. Names are changed. This is general information, not advice for your situation, and rules and dollar figures may have changed since Clint answered. Terms