Saskatoon Mortgage Broker shares article: Cottage transfers

Should you transfer the cottage to your kids during your lifetime?

Article by Tim Cestnick, Special to the Globe and Mail, June 5, 2014

“When should you transfer the cottage to your heirs – during your lifetime, or upon your death? Here are the things to consider when making that decision:

1.  Tax Issues

2.  Practical Issues

3.  Emotional Issues

4.  Asset Protection

5.  Retirement Planning

6.  Maintaining Control”

To read the full article, please click here.

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