Is it worth it to pass on a summer cottage to the next generation?

Is it worth it to pass on a summer cottage to the next generation?

A summer cottage can be donated during your lifetime to your children or grandchildren. Making a gift during your own lifetime is an effective way to save on inheritance and gift taxes. You can donate less than €5,000 without paying gift tax You can donate a summer cottage in parts tax-free, provided you do it once...