Cottage – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 11 Jul 2023 16:46:37 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Cottage – Advisor's Edge https://phoenix.advisor.ca 32 32 How to avoid succession battles with the family cottage https://phoenix.advisor.ca/magazine-archives_/advisors-edge_/how-to-avoid-succession-battles-with-the-family-cottage/ Tue, 02 Nov 2021 16:30:54 +0000 https://www.advisor.ca/?p=201664 Keeping it in the family and maintaining harmony

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Home or cottage: Which should be a principal residence? https://phoenix.advisor.ca/tax/tax-strategies/home-or-cottage-which-should-be-a-principal-residence/ Tue, 11 May 2021 13:30:55 +0000 https://www.advisor.ca/?p=194847 Knowing the answer can help maximize your client’s wealth

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New trust reporting and disclosure rules are coming https://phoenix.advisor.ca/tax/estate-planning/new-trust-reporting-and-disclosure-rules-are-coming/ Fri, 27 Mar 2020 13:30:48 +0000 https://www.advisor.ca/?p=177596 The idea of a “private” trust will slip from the vernacular in 2021, as the government gains new information

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How to plan for cottage succession https://phoenix.advisor.ca/tax/estate-planning/how-to-plan-for-cottage-succession/ Fri, 20 Oct 2017 00:10:49 +0000 https://avatar.advisor.ca/uncategorized/how-to-plan-for-cottage-succession/ Options for ownership

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Consider these issues when planning cottage succession https://phoenix.advisor.ca/tax/estate-planning/consider-these-issues-when-planning-cottage-succession/ Fri, 22 Sep 2017 01:00:24 +0000 https://avatar.advisor.ca/uncategorized/consider-these-issues-when-planning-cottage-succession/ Personal, tax and family law issues to tackle

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Who wants the cottage? Help clients decide https://phoenix.advisor.ca/news/industry-news/who-wants-the-cottage-help-clients-decide/ Thu, 24 Aug 2017 00:00:39 +0000 https://avatar.advisor.ca/uncategorized/who-wants-the-cottage-help-clients-decide/ Tips for dealing with family cottages and discussing the PRE

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How to claim the principal residence exemption https://phoenix.advisor.ca/tax/tax-news/how-to-claim-the-principal-residence-exemption/ Thu, 29 Jun 2017 06:00:49 +0000 https://avatar.advisor.ca/uncategorized/how-to-claim-the-principal-residence-exemption/ What to do when your client sells her home.

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Young clients don’t want to miss out on cottage ownership https://phoenix.advisor.ca/news/industry-news/canadians-dont-want-to-miss-out-on-cottage-ownership/ Tue, 27 Jun 2017 14:20:10 +0000 https://avatar.advisor.ca/uncategorized/canadians-dont-want-to-miss-out-on-cottage-ownership/ Young families are looking for ways to realize their dreams of owning recreational property

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Vacation property succession planning: Part 2 https://phoenix.advisor.ca/columnists_/tony-maiorino/vacation-property-succession-planning-part-2/ Wed, 30 Nov 2016 05:59:06 +0000 https://avatar.advisor.ca/uncategorized/vacation-property-succession-planning-part-2/ 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.

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Vacation property succession planning: Part 1 https://phoenix.advisor.ca/columnists_/tony-maiorino/vacation-property-succession-planning-part-1/ Wed, 23 Nov 2016 05:59:48 +0000 https://avatar.advisor.ca/uncategorized/vacation-property-succession-planning-part-1/ Without proper planning, vacation homes can quickly go from enjoyable escape to a source of financial and emotional stress.

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