Family legacy: How to pass along the family cottage—and 3 things to avoid
Discover key strategies from estate planning lawyer Peter Lillico on preserving your family’s cherished cottage for generations to come.
Source: moneysense.ca
Stay updated with breaking news from Peter Lillico. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Discover key strategies from estate planning lawyer Peter Lillico on preserving your family’s cherished cottage for generations to come.
As more Canadians pass their family cottages down to the next generation, 'major shifts' in the ownership of recreational homes will occur, according to Re/Max. But amid concerns around the cost of housing, some may be wondering whether they can afford to keep that family cottage. Here's what younger generations need to know about inheriting a recreational property and the market today.