The family cottage is often recognized as a place of rest and relaxation, and cottage country has seen a surge in sales as people seek a change of scenery amid the COVID-19 pandemic. However, there are many complex legal factors that must be considered in terms of ownership. Is the cottage a shared property with multiple owners? Is it used as a rental property? What are the tax issues involved? How should assets from the estate be divided upon the owner's death?
Join our panel of experts as they provide high-level insight on legal considerations for the family cottage.
Navigating taxes and the family cottage
Cottage sharing among siblings and family members
Structuring ownership on death and the division of assets
Cottages as revenue generating vacation properties
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