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A legal guide to plan farm land ownership and sale in Alberta

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The information in this document (the “Information”) is provided solely for general information purposes. This information is not intended or implied to be a substitute for professional advice. By... More ≫

Description

The information in this document (the “Information”) is provided solely for general information purposes. This information is not intended or implied to be a substitute for professional advice. By making this information available, the Government of Alberta is not engaged in providing legal advice. You should contact your own lawyer and other professional advisors to obtain advice concerning your specific situation before taking any action that may affect you or your family’s interest. The Government of Alberta and its Ministers, officers, employees and agents will not be liable for any errors, oversights, omissions or inaccuracies in the Information or for any damages of any kind arising from or in connection with the use of or reliance upon any of the Information.

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Transferring farm property

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This article reviews the rules regarding the transfer of farm property to the next generation and examines amendments to the Income Tax Act that affect tax planning. The factsheet is part of the... More ≫

Description

This article reviews the rules regarding the transfer of farm property to the next generation and examines amendments to the Income Tax Act that affect tax planning. The factsheet is part of the Ag-Succession series of fact sheets, which provides an objective overview of the issues and options related to succession planning.

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