Real Estate - finances

Managing day to day finances properly takes time, thought, and planning. Many Canadians carry a certain amount of debt as part of their overall financial picture. Owning or renting real estate often requires proper financial planning, in order to determine how much money you’ll need for monthly expenditures, tax payments, and to be able to manage any debt brought on by real estate effectively. Most Canadians cannot afford to purchase real estate by paying for it in advance with one lump sum. There are several forms of real estate financing available, to allow you to pay for your real estate purchase over time and many different providers. A financial adviser or mortgage broker can offer information and assistance regarding the various real estate financing options available. Do you have questions regarding the overall real estate market in Canada? Would you like guidance or information from a financial expert for yourself, a friend or loved one in purchasing real estate? Are you looking for resources within your community to help you manage your financial picture? Kinjunxion is here to help with sources of support and information.

You are not alone. Connect with others who may be going through the same thing, find professional help and resources near you. The Kinjunxion community is here to help.

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General Topics and Information - Halton Region - Estates Administration and Finding a Will - Halton

For general Information, see Ontario Ministry of the Attorney General website here.

Estate Administration Tax and Estate Information Return:
* For information, see Ontario Ministry of Finance website here
* Estate Information Return Guide
* Estate Information Return Form (if using too old a version of Adobe to open, select 'Open with Different Viewer' near top right of screen, then open or save).

Federal benefits and income tax when someone dies
See Canada Revenue Agency website here.

Preparing a will
* there is no government-issued standard form for wills in Ontario
* some books or kits available at libraries, bookstores and stationery stores have advice and forms, but many advise the hiring of a lawyer
* also see Advocacy Centre for the Elderly's Information about wills here

To find a current will that was prepared in Ontario:
1. It may have been deposited in the Superior Court of Justice Depository
* any testator (the person who makes a will) can deposit a will with the registrar of the court in any Superior Court of Justice courthouse in Ontario
* this is not a complete central registry of wills, it includes only wills which testators have chosen to deposit.
* to request an electronic search, contact any Estates Department of the Civil Office of the Superior Court of Justice (for list of court addresses and phone numbers, see here)
* those who are hearing-impaired may request a search via TTY line at 416-326-4012.
* accessing a deposited will is governed by Rule 74.02 of the Rules of Civil Procedure (see here)

2. If the will was prepared by a lawyer:
* the lawyer should have a copy
* if lawyer is not known, the Law Society of Upper Canada or local legal associations may notify their members that the will of a certain person is being sought
* if lawyer is no longer practising, wills in their possession may have been deposited with the Law Society of Upper Canada, Trustee Services, for more information see here

3. Wills Registries:
Some people deposit their will and other documents related to their estate with a private business that provides a wills registry.

4. If the deceased's personal representative has filed an application for a certificate of appointment of estate trustee with a will at the Superior Court of Justice:
* any person may inspect the file and obtain a copy of the will upon payment of the prescribed fee, unless a judge of the court has ordered the file sealed
* for more information see Ontario Ministry of the Attorney General information here

5. If the will has already been filed with an Ontario court for probate:
* see Archives of Ontario information on How to Find a Will in Court Records here

For Ontario wills filed with the Court of Probate and Surrogate Courts between 1793 and 1970:
See Archives of Ontario information here

Oakville Milton and District Real Estate Board

a trade association which operates a multiple listing service (MLS) and provides membership-based services for real estate agents including professional development, technology and advocacy

* serves Oakville, Milton and surrounding communities through more than 1,500 realtors
* champions shelter-based charitable endeavours in served communities

Facility rentals:
* 1 room capacity 48 ( Oakville classroom style)
* 1 room capacity 30 (Milton classroom style)
* 1 room 13-14 (boardroom style) available year round
* must provide own caterer
* liquor permit required
* parking only for facilitator
* kitchenette
* conference phone
* projector
* microphone
* contact Samantha Johnston, Events Specialist for information

Hamilton.Planning & Economic Development Department - Economic Development Division, Real Estate Section - City Hall

Responsible for the management of the corporation's real estate assets and real estate portfolios, which includes the leasing, acquisition, and disposition of properties, site improvements, environmental audits, and the delivery of efficient and effective real estate and property management services.

Canada.Innovation, Science and Economic Development Canada - Office of the Superintendent of Bankruptcy Canada - Hamilton Central

Supervises the bankruptcy system, provides information on the bankruptcy process to debtors, and responds to complaints from bankrupts and creditors.

Burlington. Finance Department - Burlington City Hall

The City of Burlington Finance Department is responsible for:
* municipal budgets
* financial statements
* property taxes
For property tax reduction / deferral programs, see separate listing here

Oakville Museum At Erchless Estate

The museum offers guided tours of the Chisholm family home, changing exhibitions, special events and education programs that tell the stories of Oakville.

Permanent exhibits available in French and English include:
* Freedom, Family and Opportunity: Oakville's Black History
* The Underground Railroad: Next Stop Freedom! (30 minute multimedia presentation)

Oakville Museum is comprised of:
* Erchless Estate- historic home of Oakville's founding family, the Chisholms, completed in 1858
* Custom House built in 1856
* Oakville's First Post Office in Lakeside Park built in 1835
* Satellite exhibition space at Queen Elizabeth Park Community and Cultural Centre, 2302 Bridge Road

For current programs and exhibitions refer to the Oakville Museum website

* designated as a local warming centre during times of extreme cold

Oakville Museum At Erchless Estate - March Break & Summer Day Camps

March Break at the Oakville Museum:
* full day activities for ages 6-10 years

Summer Day Camps
Ages 4-6 (half days):
* Mini Museum Explore Fairy Tales
* Mini Scout it Out @ the Museum

Ages 6-9 (full days):
* Museum Motion and Commotion

Ages 7-11 (full days):
* Scout it Out @the Museum!
* The Museum Scene
* Tales from Long Ago
* Museum Material World

Ages 8-12 (full days):
* Museum Curator Camp

For further information refer to the website or the Parks, Recreation and Culture Guide

Ontario. Ministry of Finance - Hamilton Assessment Office - Central and Western Regional Operations Branch

Assesses all real property for purposes of municipal and school taxation. Undertaken every 3 years to produce voters lists, lists of persons who can be called for jury duty, identification of supporters for schools and demographic statistics.

Ontario. Ministry of the Attorney General, Court Services - Office of the Public Guardian and Trustee - Office of the Public Guardian and Trustee - Hamilton Branch

A government agency that protects mentally incapable people, protects the public's interest in charities, searches for heirs for estates which the OPGT administers, invests perpetual care funds, and deals with dissolved corporations.

Real Estate Council of Ontario

Regulatory body * sets standards for certification and licensing * investigates complaints

Ontario. Ministry of the Attorney General, Court Services - Office of the Public Guardian and Trustee - Office of the Public Guardian and Trustee - Hamilton Branch

A government agency that protects mentally incapable people, protects the public's interest in charities, searches for heirs for estates which the OPGT administers, invests perpetual care funds, and deals with dissolved corporations.

Burlington. Finance Department - Assessment & Taxation Section - Burlington City Hall

This division of the Finance Department collects property taxes and administers Seniors' grants, charity rebates and vacancy rebates.

For questions regarding property assessment, call the Municipal Property Assessment Corporation 1-866-296-6722