• Succession Planning for the Family Cottage
  • June 25, 2004 | Author: Sheila M. Crummey
  • Law Firm: McMillan LLP - Toronto Office
  • One of the most difficult assets to deal with in an estate plan is a family cottage. Although you may want to keep the cottage in the family, it is often difficult to develop a plan that is tax-effective and that ensures equitable enjoyment of this asset by those family members who have an interest in maintaining it.