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MLS misrepresentation can be costly

Think carefully about what goes in your MLS listing, because you could be held to it. The real estate listing is up there with the Agreement of Purchase and Sale in terms of importance, and buyers are entitled to rely on its contents.

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Eliminate joint-account confusion to avoid estate litigation

Parents could be sowing the seeds of a future estate battle when they set up a joint bank account with a child. There are good estate planning reasons for owning property jointly with a beneficiary – it can be an effective way to transfer funds while avoiding the 1.5 per-cent probate tax otherwise payable on assets in a person’s estate.

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