A deck chair overlooking a lake at a family cottage

The financial and governance challenges of managing the family cottage

Private family and high net-worth /

As summer fades and families prepare to close the cottage for another season, it’s important to remember that these second homes aren’t merely a place to relax and make memories across generations. They can also be a very substantial—and highly emotionally charged—asset in a family’s financial portfolio, presenting a host of financial, tax and governance […]

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