Primer on cottage succession planning

Here in Newfoundland we're up to our knees in snow, and I'm sure it's much the same across the country. Nothing makes us dream of summer cottages and kayaking on a glassy lake like a good old Canadian winter. With cottages, lakes and fishing poles on our minds, it seems like a good time to consider the future of our summer hide-aways. Click here to read an article by lawyer Matthew J. Wilson that is a great primer on the issues you need to consider before taking any steps to leave your cottage to anyone. Those of you who have already made wills leaving your cottage to all of your children jointly (and I know you're out there), please read this article and ask yourself how realistic your plans really are.