My question is: Canadian-specific QUESTION: Hi Dave. I think you have answered this question tnagentially before, for other situations. If my sister is living with my parents, should she be listed on the titls as a joint tenant to avoid inheritance tax when both of them pass away :( What's the best way to inherit the house with a minimal payment to the CRA ? --------------------------------------------------------------------------- david ingram replies Having her name on the title would save probate fees but would have no affect on income tax. The family home is free of income tax on the death of your parents. Therefore no machinations are needed to avoid income tax. Having the whole house go to your sister as a joint tenant would likely cause more problems if you are all to share in the value afterwards. Remember that a joint tenancy house does NOT have a position in the will for instance although its existence can cause other unequal bequests because one person gets it all. ============================= David Ingram's US / Canada Services US / Canada / Mexico tax, Immigration and working Visa Specialists US / Canada Real Estate Specialists My Home office is at: 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Cell (604) 657-8451 - (604) 980-0321 Fax (604) 980-0325 Calls welcomed from 10 AM to 10 PM 7 days a week Vancouver (LA) time - (please do not fax or phone outside of those hours as this is a home office) email to taxman at centa.com <mailto:taxman at centa.com> www.centa.com <http://www.centa.com/> www.david-ingram.com <http://www.david-ingram.com/> Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. 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