estate planning

paddling a canoe on a lake

Family cottage succession: Key tax and legal considerations

As we noted in our last blog on the many emotional aspects of owning a family cottage, issues such as property usage or joint ownership need to be carefully managed to prevent your dream getaway from turning into a source of inter-family squabbles. But what about the tax and legal implications of owning a vacation …

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Family cottage

Developing a plan for the most emotionally-charged asset you’ll ever own: the family cottage

In the first of this two-part blog, we look at the emotional aspects of managing a family cottage—and the importance of developing a plan to help address issues proactively before they create avoidable financial and family governance challenges. The Victoria Day long weekend is more than a statutory holiday across much of the country—it’s the …

Developing a plan for the most emotionally-charged asset you’ll ever own: the family cottage Read More »

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