Additional Costs Involved in Property Transactions

Additional Costs Involved in Property Transactions

Transfer Duty Your first extra expense is transfer or stamp duty. It applies to specific transactions, including property purchases. The transfer duty is one of the larger extra expenses, with an amount determined by several factors related to the property you are...
Executors and Probate – Part 2: Executors

Executors and Probate – Part 2: Executors

Before someone dies, they usually have a Will drawn up. This document explains what the person wants done with their estate once they pass away. To ensure those wishes are met, a friend or family member is chosen to be the Executor of the Will. In other words, the...
Executors and Probate – Part 1 Probate

Executors and Probate – Part 1 Probate

When you have been designated as an executor for either a loved one or an acquaintance, your job does not normally take effect until that person dies. Your primary goal at that time is to ensure the deceased person’s wishes, as spelled out in their Will, are...