Q: What is the best way to proceed after retirement? I wish to move out of my house on a small acreage and succeed it to my daughter and her partner, while I live in my motorhome and use a shed on the property as a base, so I can just travel and house-sit. I just need to know the legalities; is it best to just name them in my will or gift it to them?
A: Your question is a juicy one and invites a very long and detailed answer that is beyond the ambit of this column.
However, here’s some general advice:
I hope that hasn’t discouraged you – it is meant to encourage you to do it right.
IMPORTANT LEGAL INFO This article is of a general nature and FYI only, because it doesn’t take into account your financial or legal situation, objectives or needs. That means it’s not financial product or legal advice and shouldn’t be relied upon as if it is. Before making a financial or legal decision, you should work out if the info is appropriate for your situation and get independent, licensed financial services or legal advice.
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