Laredo LawToronto, ON · January 22, 2026Mother intended to gift daughter $1.7m withdrawn from joint account, court finds
Opening a joint account with your child is not a step to be taken lightly. There are undeniably good estate planning reasons for owning property jointly with a beneficiary, since it’s a simple and effective way to transfer funds without triggering the 1.5 per-cent probate tax otherwise payable on assets in a person’s estate. But...
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