The idea of a “private” trust will slip from the vernacular in 2021, as the government gains new information
Options for ownership
Personal, tax and family law issues to tackle
Tips for dealing with family cottages and discussing the PRE
What to do when your client sells her home.
Young families are looking for ways to realize their dreams of owning recreational property
If your client’s vacation property forms part of her estate on death, it may be subject to probate fees as part of her will.
Without proper planning, vacation homes can quickly go from enjoyable escape to a source of financial and emotional stress.
Cottages are more than a respite from workaday troubles, they're major financial responsibilities.
Many Canadians expect to leave vacation property in their wills, but the rapid rise in real estate values could leave them or their heirs with a major tax bill.