Sightline Conversations: Family Cottages with Edgar Chana Law
In this Sightline Conversation, Sightline’s Paul de Sousa speaks with Aaron Edgar from Edgar Chana Law, a boutique law firm that practices solely in trusts, estates and patents, with advanced experience in helping affluent families with their wills, powers of attorney and other trust planning needs. During this conversation, de Sousa and Edgar provide estate planning insights on a topic that is on top of many people’s minds during the summer season: family cottages. Specifically, de Sousa and Edgar discuss:
- Challenges involved with keeping a cottage in the family
- How to discuss passing the cottage to your heirs
- Strategies to help lessen certain tax burdens that may stem from the cottage
- Considerations involved with placing the cottage into a trust
- How to avoid probate tax on the cottage and other tactics to maximize worth
You can listen to de Sousa and Edgar’s conversation here. As always, please contact us at (416) 945-6228 with any questions.
Sightline Wealth Management LP (“Sightline”) is an investment dealer and is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). Sightline provides management and investment advisory services to high-net-worth individuals and institutional investors primarily through fee-based accounts.
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