Navigating the financial and legal aspects of selling a home in retirement requires careful planning.
Reverse Mortgages & HELOCs
Many seniors ask, should I get a reverse mortgage in Canada? While this can provide financial flexibility, it’s important to weigh the pros and cons. Alternatives like a Home Equity Line of Credit (HELOC) may be a better financial solution.
Estate Planning & Power of Attorney
Selling a home as a senior may involve capital gains tax, probate, and estate planning considerations. If you're unsure how to protect a family home from probate in Ontario, consulting with a financial advisor is essential.
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