rbbm.
Gunman kills four of his family members before taking his own life at Oshawa home: Police
Neighbours said the Traynor family recently returned from a cottage. Property records show a North Kawartha cottage previously owned by Loretta Traynor’s parents, Matthew and Marilyn Lapa, was transferred to her in April 2018. No money was exchanged.
Her father, Matthew Lapa, died in January 2019, pre-deceased by his wife Marilyn''.
Noting, fwiw. rbbm
When cottage succession turns toxic
“Dealing with a cottage property as part of one’s estate plan is probably one of the most difficult and challenging tasks,” says Toronto estate lawyer and mediator Howard Black, a partner with Minden Gross LLP. “Similar to the distribution of personal effects, which can create a great deal of resentment and potential disputes, the cottage property is associated with deep emotional connections.”
Transferring The Family Cottage
''The family cottage should invoke memories of warm weather, sunshine, and happiness. Unfortunately, for some, estate battles or family fights surrounding the cottage can tarnish these positive memories upon the death of the owner of the property.
Family fights over the cottage property may be contentious, as cottages can hold significant financial and sentimental value. Generally, cottages have been in the family for generations, and family members may develop an emotional attachment to the property, making it difficult for people to treat it in a rational fashion, as they might in respect of any other estate asset. Thinking about the cottage in an emotional rather than rational way may cause additional difficulties for individuals who find themselves in a fight over the property.''
https://www.cbc.ca/radio/thecurrent...ownership-is-tearing-families-apart-1.3646954
''Due to shifting demographics over the next decade, many cottages are set to become family battlegrounds—as ownership of vacation properties along with other family assets will be transferred from aging parents to their children.
Barbara Benoliel, a psychologist and mediator who helps many families resolve succession disputes, tells The Current's Anna Maria Tremonti that cottages are the most contentious part of estate disputes.
"The cottage really represents the whole issue of family … so that's where their history is, that's why it's important," says Benoliel,
The meaning of the property that represents identity is why things get complicated when dealing with family members.''
Gunman kills four of his family members before taking his own life at Oshawa home: Police
Neighbours said the Traynor family recently returned from a cottage. Property records show a North Kawartha cottage previously owned by Loretta Traynor’s parents, Matthew and Marilyn Lapa, was transferred to her in April 2018. No money was exchanged.
Her father, Matthew Lapa, died in January 2019, pre-deceased by his wife Marilyn''.
Noting, fwiw. rbbm
When cottage succession turns toxic
“Dealing with a cottage property as part of one’s estate plan is probably one of the most difficult and challenging tasks,” says Toronto estate lawyer and mediator Howard Black, a partner with Minden Gross LLP. “Similar to the distribution of personal effects, which can create a great deal of resentment and potential disputes, the cottage property is associated with deep emotional connections.”
Transferring The Family Cottage
''The family cottage should invoke memories of warm weather, sunshine, and happiness. Unfortunately, for some, estate battles or family fights surrounding the cottage can tarnish these positive memories upon the death of the owner of the property.
Family fights over the cottage property may be contentious, as cottages can hold significant financial and sentimental value. Generally, cottages have been in the family for generations, and family members may develop an emotional attachment to the property, making it difficult for people to treat it in a rational fashion, as they might in respect of any other estate asset. Thinking about the cottage in an emotional rather than rational way may cause additional difficulties for individuals who find themselves in a fight over the property.''
https://www.cbc.ca/radio/thecurrent...ownership-is-tearing-families-apart-1.3646954
''Due to shifting demographics over the next decade, many cottages are set to become family battlegrounds—as ownership of vacation properties along with other family assets will be transferred from aging parents to their children.
Barbara Benoliel, a psychologist and mediator who helps many families resolve succession disputes, tells The Current's Anna Maria Tremonti that cottages are the most contentious part of estate disputes.
"The cottage really represents the whole issue of family … so that's where their history is, that's why it's important," says Benoliel,
The meaning of the property that represents identity is why things get complicated when dealing with family members.''