Halton Hills Newspapers

Independent & Free Press (Georgetown, ON), 27 Nov 2014, p. 17

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

•T h e IF P • H alto n H ills, Thursday, N ovem ber 27, 2014 17 Needed most this m onth • Canned Juice • Past a & Meat • Pampers • Hot Cere al TO DONATE OR FOR SPECIAL EVENTS I NFORMATION visit www.Go ergetownBre adBasket.ca WE NEED YOUR HEL P 55 Sinclair • Unit 12 905-873-3368 Tues. 5-7pm • Wed. 8:30-noon • Sat. 8:30-noon Needed most this m onth • Canned Juice • Insta nt Coffee • Canned Meat • Cook ies visit. www.George townBreadBaske t.ca WE NEED YOUR HELP Visit ourShowroom Today Exceptional Service, Products, Prices & Warranties Serving your community for over 35 Years. Visit our website at www.atouchofclassacton.comf Kitchens Flooring Bathrooms Basements Full Home Renovations 28 Main St. N. Acton • 519-853-1190 What is a joint tenant? ASK THE PROFESSIONAL If you and your spouse bought a house together, you likely own the property as joint tenants. This means that along with an equal ownership interest in the property, you each have the right of survivorship. When one spouse passes away, the surviving spouse automatically becomes the owner of the whole property. In other words, the deceased spouse's 50% share of the property does not fall into the estate, which can reduce probate fees substantially. The alternative to a joint tenant is a tenant-in- common. The main difference is that there is no right of survivorship and so the property of a deceased tenant-in-common falls into the estate and is subject to probate fees. Joint tenancy is often the best way for spouses to own property; the idea is that the surviving spouse doesn't face the hardship of finding the liquidity to pay a large probate fee. Anyone can own property as joint tenants though. A parent might want to add children to the deed as joint tenants so that they can enjoy the same probate fee deferral. This sort of situation, however, is not always a good idea. There are several issues and unintended consequences that need to be explored before going through with the transaction. 33 Main Street South Acton, ON L7J 1X3 Tel: 519-853-1330 Fax: 519-853-4645 Email: macchap@on.aibn.com Mark Hilliard Mackenzie & Chapman Barristers and Solicitors The advice offered in this column is intended for informational purposes only. Use of this column is not intended to replace or substitute any professional, financial, medical, legal, or other professional advice. We work for you. legal matters Q A REAL ESTATE LAW Light Up The Hills Ignition Night is the big celebration that start the festive season with a magical WOW of lights in Halton Hills-- and this year there will be two nights of WOW. This is the seventh year of light- ing up the Dominion Gardens Park. Over the past seven years three Trees of Hope have been planted and decorated; one each in George- town, Acton and Glen Williams. Cel- ebrations and Ignitions Ceremonies will take place in each community. This year, Ignition Ceremonies will take place in Georgetown on Monday, Dec. 1, starting at 5:30 p.m. with Ignition (turning on of the lights) at 7 p.m. Santa will arrive at 5:30 p.m. The public is encouraged to bring their cameras to take that special picture. Included in the evening are com- plimentary cookies, hot chocolate, hot dogs and entertainment. Conve- nient parking is available at Christ the King High School parking lot on Guelph St., which is adjacent to the ceremony stage area. On Tuesday, Dec. 2 the celebra- tions will happen in Acton and Glen Williams. Acton's festivities start at 5 p.m. and Glen Williams at 6:30 p.m. Both locations will have an Ignition cer- emony at 7 p.m. Acton's festivities will include the busy jolly Santa, en- tertainment and treats. Light Up The Hills is an organi- zation that is composed of dedicat- ed, hard-working volunteers, very generous donors and numerous in- kind services. The Memory Trees are features in the Dominion Gardens Park in which families have purchased spe- cial Christmas balls that are tagged to remember loved ones and placed on these Memory Trees. New this year are unique cre- ative knitted additions to Dominion Gardens Park. Check out the co- lourful tree trunks and candy lane poles. Halton Hands in Motion have worked diligently to add the delight- ful yarn installations to the celebra- tions. Help support Light Up The Hills by purchasing a draw ticket with a chance to win one of eight wonder- ful prizes. Thanks to all the com- munity support and sponsorships, the Halton Hills community will be aglow with lights from the begin- ning of December until January 3, 2015. Get ready to Light Up The Hills Volunteers with Light Up the Hills strung lights on the trees in Dominion Gardens Park recently in preparation for Ignition Night Monday, Dec. 1. From left rear; Wayne Varley and Tom Shepard, and Paul Yates (left, front) and Gerry Kentner get the lights just right on one of the park's trees. Photo by Lisa Tallyn

Powered by / Alimenté par VITA Toolkit
Privacy Policy